We are discussing whether to purchase bitcoin at this moment. Our thinking: Possible negative outcomes: a. Bitcoin is widely regulated or outlawed in ways th

We are discussing whether to purchase bitcoin at this moment. Our thinking: Possible negative outcomes: a. Bitcoin is widely regulated or outlawed in ways that reverse it's growing popularity and it eventually flames out. b. Another virtual currency comes into prominence and bitcoin holders or new investors migrate to that new currency c. Bitcoin turns out to be a fad and people just lose interest in it. Possible/Actual drivers for demand: d. Bitcoin already has a following that values all bitcoins at $180 Billion. e. Governments have been slow to regulate it. China has regulated it (many have some guidelines/regulations in place or becoming law soon), 5 or 6 countries (of 195 total) have outlawed it. f. Financial institutions are starting to formally recognize it, including Fidelity (Fidelity is mining bitcoin) and CME offering futures. g. Bitcoin has a finite supply, unlike all other currencies. So demand cannot be mitigated by increasing supply. h. Businesses are beginning to accept bitcoin, such as: Microsoft, Virgin Galactic, Expedia, Subway, Whole Foods, (maybe 100 other lesser known companies)