I'm not sure about the entire bitcoin community, but I myself own a 100 or so btc and I'm not that worried by the issues raised. The distribution of bitcoins a

I'm not sure about the entire bitcoin community, but I myself own a 100 or so btc and I'm not that worried by the issues raised. The distribution of bitcoins and distribution of mining compute power seemed to be well understood at the bitcoin 2013 conference as well. There is no good reason for the "1%" to dump and run. Bitcoin is either going to give you 10000x returns or it is not. In that sense, investing in bitcoin (either in actual btc, in mining hardware or in bitcoin startups) seems similar to angel investing. Yes, some may make money in speculation and day trading, but there's still no incentive to sell out if you hold a significant %, as your real stake is in the possibility of wide bitcoin adoption. Everyone knows that only a small % of bitcoins are actually used as currency at the moment, and further it's understood that a decent percentage of that use is for illegal activities. That's why there is excitement about startups that might engender greater circulation and wider adoption as currency.