JPMorgan CEO Jamie Dimon made some interesting points about Bitcoin: https://www.cnbc.com/2017/09/12/jpm...es-20-percent-fall-for-the-third-quarter.html To me, Bitcoin is a speculative pseudo-currency. Although, it is a great invention and I missed the boat, so I did not invest. It looks like romantic sci-fi money that "could be, but just can't be"... real money/currency. My main arguments are: *the speculative part is far greater than its use as a means to trade/pay/transact etc. *just watch how much it falls whenever some government bans it or when some crypto-exchange gets closed down *most people are buying it believing "it will go up", as if that's what Bitcoin would have to normally do (just go up by itself) *it's terribly unstable *there is no wide use for Bitcoin (still too few ways to transact) and it's a bit difficult to use I think someone could come up with a new sort-of Bitcoin to replace the FIAT currencies of the World. That could be the IMF's new global reserve currency in the form of digital cryptocurrency. What do you think?