Comment: Best feature I've seen...

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Best feature I've seen...

It's nearly free (around $.03) to exchange currencies. If you want to go from USD to Euro and back, that can be done without paying the exchange rates.

This feature alone I think will keep Bitcoin solvent. Yes it's pretty much as easy to use as a debit card, or at least soon will be, yes it's pretty much anonymous, yes it isn't centrally controlled. All good things, but, I try to get down to the brass tax of why this will hold. As long as it's ease of use in exchange convertibility is there, the cost per bitcoin really doesn't matter. They are just a place to store money until you want the funds to be released.

Trade them all you want, but, it's their conversion to any currency, extremely cheap is what drives their value. The fact that if only a few of the x amount of currencies are readily convertible, it basically means all are convertible, because the accepted currency can always be traded for those that refuse. That might not be clear, but, it's the diversity that hold it up.