Bitcoin’s popularity shows the worlds great mistrust of government backed currencies.
I haven’t checked recently but I believe you can use bitcoins to buy games on Steam, buy products on Amazon, without converting it to a govt currency first — they have contracted out that role. You probably are better off converting it to a govt currency first however.
A popular web browser here, Brave, is experimenting with using bitcoins to make very small donations to websites you support. Micro transactions are a big attraction of bitcoins. A very neat idea.
Bitcoins biggest danger comes from the usual suspects...government intervention, manipulation, competition, and fraud.
Bitcoins should be supported on this website because it increases personal liberty. Why does a currency have to be subordinated to a govt ...that certainly screws you left and right manipulating its own currency to its benefit.
I would not be surprised to see an official US Govt backed version of bitcoin in the future.
No it shows human greed. Read post 70.