The point of most of these currencies (bitcoin, freicoin, et al) is to avoid the consequences of inflation. Yet because of the volatility inherent in the small

The point of most of these currencies (bitcoin, freicoin, et al) is to avoid the consequences of inflation. Yet because of the volatility inherent in the small monetary base they expose the holder to more inflationary risk. In laymans terms, the USD has never lost 90% of it's purchasing power in a month or two. Commodities futures are far more liquid than bitcoin, freicoin, etc. USD has far less inflationary risk than bitcoin, etc. Economies don't run on math, they run on confidence, there is little confidence in bitcoin/freicoin. That's the quintessential problem, like it or not, far more people have confidence in the $5 wrench (fiat) than computational complexity (cryptography).