Looks like more of the PM folk are seeing that Bitcoin is a good thing to add into the mix.
The Near Future: When Silver Does not Protect Your Privacy
2012-09-20
http://silvervigilante.com/the-near-future-when-silver-does-not-protect-your-privacy/...
All the risks of using bitcoins are present when using the dominant financial system. It’s quite obvious considering the systemic fraud of the way things are that bitcoin can only be safer. As long as you stay away from fantastical bitcoin schemes promising too-good-to-be-true returns, so far in the bitcoin experiment you would have been fine assuming you did not wrongly speculate on market volatility. The reasons to use bitcoin are much greater and diverse than the reasons to use the dominant financial system. For instance, allowing bitcoins to freely circulate will increase options for payment available to all consumers. From a merchants’ perspective, bitcoins can only bring more business, not less.
...
Where silver and precious metals fail to protect your privacy and you from political persecution, bitcoin does not.
...
Of course, holding bitcoin alone is, in my opinon, as risk as holding any one thing. In the modern age, we can not only move into alternative currencies, we can diversify in them as well.
