You are right not to like it. If you are not the sole holder of your private key, you don't own any bitcoin.

I'm pretty confident you're a moron.

Your bitcoin worth depends on two factors, not one. How much fiat you invested is the factor you are forgetting.

If you invested 18 months ago, but you only had $20 to invest, you will have less money than someone who invests today with $20,000 or 2 million.

Tragically, Bitcoin is not a reset button. wealth from the old world will indeed carry over into the new one.

Bitcoin is however a pause button, and humanity is very fortunate for it's timely arrival.

Small minds discuss people.
Average minds discuss events.
Great minds discuss ideas.

The only problem with Bitcoin is that most people aren't intelligent enough to realize what this technology is. If that weren't the case, fiat would already be worthless.

Here's my 3 favorites from a minute or so of clicking:

-optimize pre-mined ASICs
-incubate private-key explorers
-reinvent one-CPU-one-vote crypto-currencies

This is 2014. Here in gun-obsessed America, our teens acquire guns and use them to kill people all the time. Sadly. I wouldn't take the chance if it was my safety being threatened.

Then again, no one I know has been stupid enough to threaten me.

Yes, absolutely, without any doubt.

In our world, there is a zero-sum game between reason and violence. When violence thrives, reason is diminished. As reason grows, violence is diminished.

If you want your children and grandchildren to live in a world governed by reason, you must do everything in your power to stop violence - including threats.

"Your Honor, years ago I recognized my kinship with all living beings, and I made up my mind then that I was not one bit better than the meanest on earth. I said then, and I say now, that while there is a lower class, I am in it; and while there is a criminal element, I am of it; and while there is a soul in prison, I am not free."
-Eugene V. Debs

Please do! Thank you very much!

Truer words have never been written.

Well thought and well-written, OP. But you missed one important thing. All those governments and people you claim will be our enemies in the future? They won't be. Governments will capitulate sooner or later.

Because by the time we're all millionaires, every single one of those people -governments included - will have melted down their fiat for crypto. Nearly everyone will be on board.

Honestly, I think everyone reading this who has 3+ BTC should throw caution to the wind, quit their jobs now, default on all their debt and live as cheaply as possible.

Eat catfood if you must, it's better than eating shit forty hours a week as someone's wage-slave profit-bitch.

This forum is full of future post-capitalists.

"Investing in bitcoin is a gamble" (spoiler: it's not, there is no risk. The only risk is holding soon-to-be-worthless fiat money)
"Bitcoin is like a stock / similar to stock market"

I'd also like to see someone explore the possibilities of a post-capitalist future economy, and cryptocurrency's place in that economy. Meaning publicly shared "private keys". Err, public keys!

Yes he will, but (s)he'll never spend a single satoshi of her/his bitcoin fortune. The invention of cryptocurrency was an entirely selfless act.

Satoshi is not a capitalist.

Greed. Fiat is rapidly becoming worthless. Word travels fast in the information age.

This.