Ridiculous. Bitcoin - as cool as it is and as much as I admire the cleverness of the system - is a FAILED currency. What it MIGHT turn out to be is a store of v

Ridiculous. Bitcoin - as cool as it is and as much as I admire the cleverness of the system - is a FAILED currency. What it MIGHT turn out to be is a store of value once the speculation cools - but that is still a few years away. If a currency encourages saving and discourages spending, it brings the economy to a screeching halt. This is why Bitcoin fails as a currency. It is also the reason why it will never be accepted commonly as a currency. However, because the supply will be (artificially) limited in time as all Bitcoins are mined, there is a case to be made that it might emerge like gold as a decentralized store of value. It's anonymous and infinitely portable. So time will tell.