Bitcoin and all of the e-coins are just a speculative scam. How people could have been conned into investing in electrons just blows my mind.
Important to observe that bitcoin is a cryptocurrency, but not all cryptocurrencies are bitcoin. Bitcoin is founded on faith in math, instead of political trust. So long as you’re confident that governments the world over will continue to debase their respective currencies bitcoin offers an alternative medium to store value that governments cannot control. e.g. Canada can’t stop you from sending or receiving bitcoin at an address.