Incorrect. Bitcoin's most valuable aspect is that it has the most powerful computer network on the planet securing it from attack. This advantage cannot and will not be replicated by any altcoin.

To put that another way, "Nothing within any altcoin gives it an advantage over bitcoin, so there is no reason to ever switch, and 8 billion reasons not to. Bitcoin is software, it can simply be modified to include any advantageous innovation created in an altcoin."

Further reading: http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/

I wouldn't trust a dollar in any altcoin.

http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/

It's because the smartest people in the rooms at those meetings smell blood in the water for all fiat currencies...

They are just now realizing that any nation left holding the fiat (false money) bag is going to be fucked, and now they know why the U.S. is unwilling to part with its gold.

This is the "concerned" phase... it won't be long until most nations enter the "panic" phase, and that's when things could get violent.

Nope, it's not. Read more books.

FTFY. Sorry you have to beg your masters not to use violence against you for exercising your right privilege to engage in free trade.

I, however, prefer to disobey and stream their violence live to the world, shaming them.

Do nothing. Wait for the world to figure out how wealthy you are.

They won't, empowering individuals is antithetical to the interests of any totalitarian state.

Why? Because of the enormous opportunity cost of not learning about it. If you're wise enough to be here asking this question, you're wise enough to know why you need to know.

Here, I'll make it easy for you:

Reading:

Why You Should Care About Bitcoin: Money is going digital and it is impacting the biggest growth industry of the past 75 years Medium.com from Sept. 2013

Accelerated Learning for Bitcoin: How I got up to speed on bitcoin in about a month. Medium.com from Nov. 2013

Why Bitcoin is grossly undervalued

I'm hoarding bitcoins and no you can't have any

Bitcoin doesn't have the properties of money, it changes them.

The Advent of Cryptocurrencies: A reason to rethink currency in the 21st century

China, cryptocurrency, and the world order

China, cryptocurrency, and the world order part 2

Code as Law: How Bitcoin Could Decentralize the Courtroom

Virtual currencies can challenge the sovereignty of states

Dark marketplaces positioned to accelerate the collapse of governments

Only the black market matters

Trust no US companies with the future of bitcoin

Bitcoin: Fact, Fiction, Future

European banks are in trouble

Privatize the pound?

Could the bitcoin protocol be the birth of virtual collective consciousness?

Bitcoin: Economy of the Eternal Now

https://paybycoin.intuit.com/

Videos:

The real value of bitcoin technology

Andreas Antonopoulos on Bitcoin @ Maker Faire 2014 Detroit

Bitcoin the Organism TED talk with Jeff Garzik (from April)

Why Bitcoin's growth is normal

Thomas Spaas at TEDxUHasselt - The concepts of Bitcoin and their impact on the worldwide legal space

Interview: Bernard von NotHaus on the Liberty Dollar

Interview: Max Wright

Interview: Mike Maloney - is Bitcoin an NSA setup?

Bitcoin 101, with Daniel Altman

Ron Paul on the possibility of a Bitcoin boom (from January)

Draper's long-term bet on bitcoin

Introducing Crypto Cards!

The Evolving Digital Commerce Ecosystem

Bitcoin can fulfill the role of cash in a digital society

Bruce Fenton: Bitcoin and the New York "BitLicense" proposed regulations

Matt Whitlock on Elliptic Curve Cryptography

Good luck, fellow seeker of truth.

Just break the law. Make their insane laws irrelevant just like we did with copyright law by using torrent technology.

As a New York resident, I fully intend to break this law every chance I get. I'm looking forward to the day these fascist fucks try to make an example of me.

Bitcoiners are not a monolith.

You'll see people from all over the political spectrum, this is a technology.

Nailed it.

I couldn't agree more. Also this has absolutely zero to do with what we have been discussing, which is head-in-the-sound superstitious ignorance.  

Holy shit, did you really miss the irony of that statement?

Replace "most of the world just blindly trusts what is told to them or even taught to them in text books"
with      "most of the world just blindly trusts what is told to them or even taught to them in holy books"

275 was the bottom.

Guize, if i make an Ebolacoin, how many of you will buy in?

We can use the proceeds to fund ebola production, or something.

Fixed that for you. You are beyond my help or anyone else's until you stop distrusting widely accepted scientific fact.

Pay attention now, because I'm only going to link this once, and it is truly poignant, truly beautiful, truly moving.

If you want to learn about Christianity, go ask a priest.

If you want to learn about Demons, go watch Buffy the Vampire Slayer.

If you want to learn about Earth, you ask a fucking geologist for fuck's sake.

This is not demon-surgery, goddammit. Stop wasting my time with this absurd creationist horseshit.

THIS IS YOU!

Fixed that for you. Earth is 4.54 +/- 1% billion years old. This is a proven fact by radiometric dating. It's also common knowledge for any sane person, including every respectable scientist. Sorry, you don't get to discount hard science because it offends your religious view.

http://en.wikipedia.org/wiki/Age_of_the_Earth
http://en.wikipedia.org/wiki/Young_Earth_creationism

Claiming, in 2014, that the Earth is younger than 4.5 billion years old, is just as ridiculous as claiming the Earth is flat or claiming Sol revolves around Earth. It's flatly moronic, and you should stop doing it immediately.

Are there any other great mysteries you'd like me to google for you? Spoiler:  You will (and deserve to be) mocked and derided until you stop disrespecting hard science.

Indoctrination is the process of inculcating ideas, attitudes, cognitive strategies or a professional methodology.

It is distinguished from education by the fact that the indoctrinated person is expected not to question or critically examine the doctrine they have learned.

Science can only educate, never indoctrinate. Unlike religion, critical examination, observation, deduction, peer review, and doubt are the foundations of the scientific method:



Witness, ye internet friends, the hatred and ignorance that grows from superstition:

You disgust me. It's one thing to have imaginary friends as an adult. Hell, you can even go telling other adults this embarrassing, cringe-worthy thing about yourself. I don't care! But when you start spreading blind hatred, you're fucking repugnant. To do it from behind a computer makes you a repugnant, hateful coward.

I dare you to bring your ignorant, backwater, hateful ass to New York City and say this shit outloud. See what happens. Spoiler: You'll get your ass kicked, and you'll deserve it. If there is a creator, you are a disgrace to all creation.

The answer is they are not even comparable. This is like asking if your company's private intranet is a threat to the HTTP protocol. It's laughable, really. The two are not even in the same league.