I do think it's currently mainly used as an investment vehicle. I don't think that is the same as "mindless speculation," which is what you said before. Micha

I do think it's currently mainly used as an investment vehicle. I don't think that is the same as "mindless speculation," which is what you said before. Michael Saylor, who is the CEO of an S&P 600 company, makes a good case for bitcoin as a store of wealth. You can google him and see his arguments if you want. Also, BTW, money laundering != illegal drug activity. Those are two different crimes.