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>Right now, the truth is that a negligible percentage of Bitcoin users care about its use as a currency (with the biggest exception being silk road type illegal
by tsotha 13y ago
>Right now, the truth is that a negligible percentage of Bitcoin users care about its use as a currency (with the biggest exception being silk road type illegal uses). Almost everyone is focused on the price appreciation, and when that finally falters, it will collapse.
Or people will start using it as currency. That's already happening to some degree - it won't take much to tip it over into a viable currency for everyday use. With the games governments are playing with sovereign currencies, I think it's more likely we'll see the collapse of the RMB, euro, or dollar.