Yup. It's an interesting concept but it seems like too much work for the average person to participateBitcoin has progressed much further than I thought it would,but if it ever treathens the dollar the local Masters of the universe will end it. Just as in the past the petrodollar and a global currency were talked about that's as far as it got "talk". Can it co-exist with the dollar is the question?
Besides being the biggest fantasy in the history of the world,it's also beyond your understanding.Whenever there is any distress in any of the financial markets of the world the flight to safety goes in one direction, the DOLLAR.US Dollar's 'fantasy money' too. It only has value so long as we believe it does. When that changes, look out.