Is it worth investing in BitCoin?

[myther]

Are Bitcoin a relatively safe investment of capital in the event of deepening global economics crisis,or other expected and unexpected social and economic events? What are the strengths and potential threats and weaknesses of Bitcoin, and how to overcome the latter from the perspective of someone who wants to buy a certain amount of currency?

[matt4054]

I have a certain confidence in Bitcoin, or another (supposedly better) crypto e-currency, being more widespread and gaining both popularity and value over time. However, at this stage of the "game", I would consider it too early to put all of your savings in BTC as an investment.

Just my 2 satoshis...

[pe1pip]

just like every other monetary unix (US$, EURO, etc.) the value of the bitcoin is only dictated by the faith and confidence that investors have in the currency. Just like in every other part of economics there is a strong portion of self-fulfilling prophecy that plays a role too. As long as 'important' people state that they believe that bitcoins have a sting future, they will have. So, as your resident economist of fame  I say that bitcoins will be a good investment, or not, depending on what other famous economist will think.