A very logical post in a bitcoin forum. I really don't understand why there are so many people in bitcoin forums wailing about how its going to crash and burn, like the one now quoting some guy I never heard of who's respected in the finance world saying BTC would be 10 dollars this year? What does he know about BTC really apart from what he's picked up or read? IT's like people wish to fail?
3 months ago no-one I know personally knew much at all about BTC, but when I go for a pint tomorrow in my local I'm sure at some point someone will want to talk about it...normal people, non techies. That's good, more people seeing how it could benefit them in many different ways.
As for companies adopting BTC and that swinging exchange rate, Bitpay helps there and others will pop up. I can''t help thinking that a really large sector could push bitcoins right into the public eye though, one with no reason to worry about the swings. Charities. Quick, no fees, a lot of people with fairly large value stacks of funds they never really expected to have and more of an ethical stance than the average bear to draw on as supporters? It seems ideal for fund raising for charity to me. They have nothing to lose at all, yet the exposure bitcoin would get by being associated with charities..that smells nice to me. Would you run a charity branded USB eruptor to mine for kids in a hospice? I bet a lot of folk would, and I bet the press would like that. A great use for all that old kit.
Bitcoin hasn't even warmed up yet IMO. This time next decade we'll be millionaires Rodney