Ive notice that there is a significant generational gap associated with crypto currencies. Gen Xers and yoinger seem to be more open to the idea of it as they are used to dealing with "electronic money" to handle even the most basic of transactions.
Many crypto currencies are in full speculator swing, buying/trading/selling at the moment basically amounts to a gamble. It seems to be gaining acceptance by countries such as Japan, Germany, France and Russia.....legitimacy or the appearance of it has fueled the current craze.
If one considers what a currency is, bitcoin is no different. Basicslly, the most sucessful currencies amount to the most "popular". They all can have confidence lost in them and rendered useless at any moment in time.
I like the annonymity associated with it, but would not buy more than a fee hundred bucks worth to spend fairly quickly.
Some providers are accepting it as payment, they are basically using a portion of their income to speculate given the current market, but as any gamble, it can bite you in the ass.
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