Like many other people, I was skeptical about the need for bitcoins. The thing that finally made me think BitCoin could potentially have value is internet weed

Like many other people, I was skeptical about the need for bitcoins. The thing that finally made me think BitCoin could potentially have value is internet weed dealers. Let's say there are three people, A, B,C. A sells weed (or other illegal substances) over the internet. Previously, they'd have to accept a currency that can be easily tracked. Now, they will only accept BitCoin. B wants to buy weed. B exchanges USD for Bitcoin with C, a bitcoin miner, and then trades BitCoin for Weed with Person A. A then converts his bitcoins back to dollars, either selling them himself, or selling them to C. Once there is a market for weed denominated in bitcoin, bitcoin has real value, and markets for all kinds of legitimate activity can sprout up. Of course, this is all a form of money laundering, but at least the value is rooted in something.