[RFlush]

I'm referring to the people who talk as if the end of the world is coming, the USD will be worth nothing and the only thing in the future will be Bitcoins. This is similar to the gold and Silver forums I read.

I think bitcoins are a great idea, and I am a speculator of how they will be more intrical in our society and play a big part in commerce, but I don't think it will ever be the 'main' currency. Maybe the USD will lose it's value, maybe another currency (most likely a basket of global currencies) will be more dominant, but I don't see that being Bitcoins. I see bitcoins more of a way to ease international trade.

Like others have said, it's a commodity and I believe it will stay at that. You will always need to transfer Bitcoin into a different currency if you want to gain any profit.

Also, as a consumer, I still don't see how Bitcoins benefit me at the momment. Yes, I can buy a burger or a coffee with bitcoins, but to buy bitcoins it's still a hassle and there are transaction fees etc. Why would I not want to use my credit card to purchase something when I have zero fees, buyers protection, extended warranty. Bitcoins help the merchants and what they need to do is offer discounts for Bitcoin users to help promote bitcoins.

I do hope Bitcoins take off and be stronger, but again, I am also realistic.