Bitcoin itself is a rubbish currency though. It has many of the negative aspects of coin, but without the simplicity and many of the negative aspects of credit

Bitcoin itself is a rubbish currency though. It has many of the negative aspects of coin, but without the simplicity and many of the negative aspects of credit cards, but without the insurance. Also, compared to other digital currencies, the inflation model seems doomed to hoarding and speculation, as while you can buy things with Bitcoin, people largely don't because they are betting on the price rising. And that is without getting into the issue of people embedding data in the blockchain. Some newspaper is going to notice that at some point and it will be very messy.