Yeah ok but this is not regional, this is global.
It has done quite well so far and I can't think of a better global currency with no one controlling it and with the same utility as today.
Maybe gold a long time ago but still doesn't fully compare
Maybe gold a long time ago but still doesn't fully compare
Well, how about gold?
>Maybe gold a long time ago but still doesn't fully compare
Why not? In addition you have:
a) no logs b) no reason to trust some advanced crypto stuff (that might collapse 10 years from now due to some hole/collision/whatever discovered in the algorithms). c) acceptable everywhere already
Oh, and it doesn't lose 70% of it's value in 2 days, like BitCoin has done in the past (from what I read).
Bitcoin won't be so volatile after it has been more widely adopted.
And the "advanced crypto stuff" of Bitcoin can never collapse. It is already partially post-quantum and was designed to be easily upgradeable to fully post-quantum algorithm set.
You would do yourself some good if you took a minute to learn some things about crypto.