Another vote with the crowd here. I doubt you are going to find stability in any alt coin. The wild fluctuations in price are because no one has any control over BTC. Most of us see that as a good thing.  

Thanks Chef, this is a nice summation of the candidates. God help us all. lol

That's what I think also. They use computers, cars, socks, etc. Are we going to throw out our socks now?

Don't forget that they are providing something people want. It may not be for you, but every society does drugs. It could be a dangerous drug like alcohol or something less harmful like weed. It is even older than humanity.
We do agree that prison for drug users is a waste though.

I have donated some to charity. But you have me thinking of ways I could roll my own charitable giving. Hmm. Maybe I will give some BTC to my nieces for their next birthday?

I don't think your lame. Your asking good questions. But, I assure you these have been asked a million times before. The main question you seem to have is "Why is bitcoin considered valuable." For me it is because of utility. Credit cards, paypal and other systems for buying online require identity to work because of their inherent insecurity. When you make a purchase it will take days to verify your identity and send payment to the store.
Bitcoin is more like cash. As soon as it's verified on the blockchain the store has money, not a promise of money... actual money.  I do not give them my identity because they don't need it and there is no way for anyone to take more BTC. For example I could give you my account and password at Overstock.com. You could see what I have bought, but there is no card info or path to any more money.

It is also a universal money that can be spent around the world. I've spent a lot of bitcoin in other countries and greatly prefer it to exchanging currencies at a loss. I could send you a million dollars worth of BTC for a few pennies. Nothing is faster, cheaper, or more secure. That is why it is my money for the internet and I almost never buy online with other methods.

Sure it's just virtual. But gold is just a shinny rock and fiat is just fancy paper. All money is just a way to represent value.

Drug laws are like nudity laws. They come from people who think they should decide how I should live. They make no sense at all. That is why I can watch 20 sadistic murders on TV each night while drunk to the point of death. But I can't smoke a harmless weed or see a nipple on TV. It's mind control and the freedom to explore new ideas could lead to change. OMG, not change!

But look at the ironclad source:
"There are many rumors being spread regarding McDonald’s possibly accepting bitcoin soon."

That many rumors can't be wrong.

Those people are climate scientists.

2014 - Hottest year yet recorded.

In the US there are laws that require an exchange to keep records that make it hard to launder money. I don't know the answer to your question, but it is a good question to ask and may help some exchanges to have some flexibility.

Drugs are not so dangerous compared to anti-drug crusaders. Those people will actually kill you... to protect you from drugs. 

Sure. The most trustworthy people could be behind a darknet exchange and if Bank of America got involved they could be a legally compliant criminal enterprise. But an exchange that tries evading the law will not last forever and when it falls apart you will have little recourse to recover any funds. It may be hard in any case, but the judge is not going to award you money you were using to evade taxes.

The problem for me is that it is hard to trust an exchange that does not comply with AML/KYC laws. Any such exchange may decide to not follow the laws about giving me my money back either. And if they are operating illegally then they likely have an exit plan. One that involves your money and a passport.
 

If they do, it may be the end of my health. I'm gona eat like the guy from super-size me. God help me I like McDonald's. lol

Somewhere I have a bunch of mods I made for Red Alert back years ago. I wasted a lot of hours dialing-up my friends for a game.

There is no such thing as tax free capitol gains. This was never actually on the table.

I thought so also. But then he asked me this question.

You mean because you are better at guessing the future?

I'm afraid they will be of no use. The role of the Bitcoin Foundation is often misunderstood. That org tries to lobby against over regulation and influence public policy. But it has no more authority over bitcoin than you do. There is nothing anyone can do to reverse a transaction. Transactions are strictly one way. Your only option is to try to find out who owns the address they were sent to and ask them to send the BTC back.