[TWhiteBear]

Bitcoin causes some vigorous discussions.
And thanks for your links.
I understand the criticism of bitcoin as ‘fiat’, but the criticism seems to equally apply to the dollar, backed by nothing, infinite quantity, possible market manipulation by secret forces.
At this point in time, it may be advisable for those with savings, to consider a dip in the bitcoin pool..not betting the farm, but enough to buy a bus ticket back home and a can of beans. If bitcoin goes bust, it would be like leaving a months 1965 wages in bank savings at 3% interest minus taxes minus inflation. If dollars savings are confiscated or the currency is changed, most people would lose everything...see Greece, Cyprus as comparisons. The screwing would be different but comparable.
TWB

[Errant]

At this point in time, it may be advisable for those with savings, to consider a dip in the bitcoin pool..not betting the farm...

Thanks, it's kind of how I see it too. In today's world and knowing what's coming, I'm not sure one could diversify too much. Owning even a few fractions of a Bitcoin might get you through a checkpoint to a tank of gas and someplace safe.

[PeterPrinciple]

and hold them as an investment or speculation, hoping their price will rise.

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I don’t think they are an investment in the traditional sense.

The stock market, dollars, bit coins and lottery tickets all have a lot in common.