> To me, it all seems another gold craze, stoked not only by the usual crowd of techno-babblers keen on latching on the latest buzzword, but also by certified w

> To me, it all seems another gold craze, stoked not only by the usual crowd of techno-babblers keen on latching on the latest buzzword, but also by certified wingnuts from the long-discredited hyper-libertarian Austrian school of economics That's a bit question-begging, there. Austrian economics seems quite reputable to me, anyway. > the inconvenient fact that if societal trust erodes sufficiently for paper money to lose its value, it’s highly unlikely an arbitrary string of ones and zeros in an arbitrary hard disk somewhere would fare much better In a world of rubles, rands & lira (all highly volatile, although probably not as much as Bitcoin currently), a world in which governments (not all democratic!) attempt to control the movement of capital, I think that ones & zeros might not be a terrible addition. Upvoted anyway, because his fundamental point is probably correct: cryptocurrency is in its infancy.