The biggest misconception is that it is currency... it's not.
I have been harping on this for a while now, but here it is from the owner of second largest exchange BTC-china.
"China has been known as a nation of savers, who are always saving for a rainy day,” says Lee. ”Bitcoin is a digital asset, like real estate, gold, or stock. It is just one more option now. With Bitcoin hard-coded to be limited, it’s like a collectible.”"
It isnt currency.
It is a digital collectible.
Its becoming a currency. It's like an infant. What can an infant do when its a couple of years old? Crap on itself. That's about it.
How about when the infant is 20 years old. It can change the world.
You're just butthurt because you wanted the infant Bitcoin to be a way for you to have a currency on your ebay company. And bitcoin crapped on you. Or rather, the people that you used bitcoin with.
So get over it already.
Let's revisit this thread in 10 years.