>> It will take effort to prove... This statement could not be further from the truth. It's far easier and more reliable to prove that you own an authentic Bit

>> It will take effort to prove... This statement could not be further from the truth. It's far easier and more reliable to prove that you own an authentic Bitcoin than it is to prove that you own an authentic painting. In fact, Bitcoin is the most auditable asset in the history of mankind. The audit process can be done in a decentralized way and carries 0 risk and unlike the auditing processes of other valuable assets, it can be carried out quickly, cheaply and at any scale. All other auditing processes rely on trusting a third party, not Bitcoin. It's the perfect asset. Sooner or later, the reserve banks of the world are going to be forced onto cryptocurrencies. Bitcoin is better than gold in terms of supply inelasticity and auditability; these are the two most important features from a reserve asset. Bitcoin is also gaining ground in terms of universal recognition which is the third most important feature.