Let's say your employer tells you that for your next paycheck you'll have the option of being paid in Bitcoin, would you do it? If not, or if so with caveats, what would be the reason preventing you from making such a decision?
I'm thinking that if we had a reliable way to pay with a debit card, keeping in mind that the owner of the card would NOT be able to reverse any transactions whatsoever, then more of us might be okay with the idea of accepting our paychecks in Bitcoin. What do the rest of you think?
It's sort of a silly idea right now due to the volatility of the exchange rates. The value of government money is still way more stable (for now). So amassing more than a few BTC would be silly unless the person wants to speculate on BTC's future value. If someone wants to speculate, they can do that buying through an exchange. I have cell phone bills, cable bills, and a mortgage, all denominated in government money, so introducing a wild card like holding all my savings in BTC is a poor idea.
BTW, Bitcoins have lost 5.8% vs the USD just in the past 3 or 4 days, and that's not even remarkable. You don't even see those swings in exchange rates vs developing economies with 10+% inflation.