Comment: I agree with everything you said

(See in situ)

In reply to comment: Bitcoin is a medium of exchange. (see in situ)

I agree with everything you said

and you said it very eloquently! Good comment.

I would like to add one thing. In your Zimbabwe example, had they had bitcoin available with, say, 5-7 year's track record behind it, they most likely would have used it to aid their bartering period. In this way, it becomes a winner in the competition among all fiat currencies.

For me, I don't care about its volatility or its meteoric gains as an investment. I care that it puts fiat out of business long term. I also don't care if it ends up being the winner or if another tops it, but I think that a transition from it to another will definitely set the entire movement of 'people's money' back at least 2-4 years. I'm getting impatient for the people to halt the theft of their prosperity by the banks.