> Know what? Bitcoin/Gold is not for these people respectively, and nobody ever claimed otherwise.
Well, I can assure you that in threads and forums other than this one that plenty of people have claimed Bitcoin is destined to replace traditional currencies worldwide. Though I do recognize that you made no such assertion here.
> And most people are never going to buy physical gold because they have to worry about the technical side of securing their own funds.
Plenty of people do trade/invest in gold through avenues other than direct physical ownership (ETFs, etc). At the moment it definitely at least "feels like" it's impossible to do that with respect to Bitcoin due to the security issues and general shadiness that seem to plague many Bitcoin-related companies. The supposed Bitcoin ETF that is forever just-around-the-corner could alleviate some of the concerns with respect to accounting issues and negating the "take-the-money-and-run" factor, but I'm not sure there would be reason to trust them to any greater degree with respect to cryptographic security of their holdings of any virtual currency.
> I can assure you that in threads and forums other than this one that plenty of people have claimed Bitcoin is destined to replace traditional currencies worldwide
At the risk of pissing off numerous Bitcoin fanboys, I think Ripple has a greater chance of world domination than Bitcoin, despite their different purposes/design. Any currency that isn't linked to a power base, IMHO, has little chance for world domination. Then again, what do I know... IANAE (economist :).
At the moment it definitely at least "feels like" it's impossible to do that with respect to Bitcoin due to...
Yes, and it also "feels like" it's impossible to use a chainsaw as a toothpick.
Maybe you should just refrain from doing that then?
Only because Bitcoin is a currency doesn't mean it will replace all existing currencies next year, be an amazing investment vehicle or fulfill any other of the wet dreams that people may have about it.
Like everything it is better for some purposes and worse for others. Stop blaming the chainsaw for not being a toothpick.
Well, I can assure you that in threads and forums other than this one that plenty of people have claimed Bitcoin is destined to replace traditional currencies worldwide. Though I do recognize that you made no such assertion here.
> And most people are never going to buy physical gold because they have to worry about the technical side of securing their own funds.
Plenty of people do trade/invest in gold through avenues other than direct physical ownership (ETFs, etc). At the moment it definitely at least "feels like" it's impossible to do that with respect to Bitcoin due to the security issues and general shadiness that seem to plague many Bitcoin-related companies. The supposed Bitcoin ETF that is forever just-around-the-corner could alleviate some of the concerns with respect to accounting issues and negating the "take-the-money-and-run" factor, but I'm not sure there would be reason to trust them to any greater degree with respect to cryptographic security of their holdings of any virtual currency.