I penned a short blog post a year ago posing similar questions about the inherent value of a bitcoin: http://colabopad.blogspot.com/2013/04/bitcoins-agent-smit

I penned a short blog post a year ago posing similar questions about the inherent value of a bitcoin: http://colabopad.blogspot.com/2013/04/bitcoins-agent-smith-problem.html http://colabopad.blogspot.com/2013/04/bitcoins-agent-smith-p... I think there is a future in virtual currency but it will have to be anchored to reality.