With euro zone melting down, bitcoin replacing hard currency for some
motherboard.vice.com
motherboard.vice.com
There is a core group of users who understand Bitcoin's technical merits and cryptographically sound design. This group is growing every day, and certainly not loosing interest in Bitcoin. So short of a major design flaw, Bitcoin should continue to survive and grow.
All the price bubble did was to kill greedy speculators, not Bitcoin.
But you do have a point, the tone is rather skeptical. ;]
Again, I find Bitcoin super intriguing. I think the buzz from Wall Street/prop desks is telling. Bitcoin's going mainstream.
I find that people who believe that 'Bitcoin' could replace an actual currency don't actually understand what 'currency' actually is. As a criminal 'marker' system I think Bitcoin excels in all of its goals, but without understanding that a nation's currency is a marker for its economic capacity, you can't make durable statements.
And the Euro isn't "melting down" by the way, it is the fact that the economies that are tied to the Euro have some unsustainable fiscal policies. And correcting those policies is politically hard, so between now and when the corrections are in place, the Euro tries to price the actual economic capacity.