We have followed Bitcoin from its birth. It is a challenge to the world’s central banks. It is a challenge to the world’s governments. It is a challenge to the super crony capitalists on Wall Street.
This is street fighting money.
It’s not for anyone who doesn’t like volatility, but Bitcoin is what open source money looks like, and people like Bernanke and Yellen are very concerned, because unlike the dollar, the yen, or the euro, Bitcoin can’t be printed to infinity. The limit is BTC 21,000,000. That is why people are buying it. That is why people own it.
Of course the bet is whether the world’s governments can shut Bitcoin down. It’s fair to say that if they could they would have by now. But who knows?