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I think it will collapse at some point, it may even be made illegal to trade in it, it's being used by criminals and terrorists to fund their activities allegedly, it can only be a matter of time.
sidders73 the whole point of it is they can't make it illegal as the is no govt in control of it - sure USA can but there is the rest of the world - every country would have to legislate against it
Ha! Based on that logical analysis, sidders, I suppose we should make all currency illegal - cuz criminals and terrorists use it to fund their activities.
Terrorists obviously use other currencies but they're using this because it's untraceable. governments have a responsibility to make it as difficult as possible for these people to do business.