[ericb]

> it's worse in every way except for the fact that it is not operated by a central authority.

-It is lighter--I can carry it in my head

-It travels faster

-It is not inflated by 2% a year

-It cannot be forged

-It can cross borders

[AstralStorm]

It is inflated but currently its value gain masks that.

You cannot carry those big numbers in your head comfortably. Heck, it is tricky to carry a wallet ID. Even trickier to get a physical transaction done with BTC.

[ericb]

See my link about brainwallets above.

[phailhaus]

You memorized your bitcoin wallet address? And yes it's not inflated 2% a year, but it's also very far from stable. How can a merchant pin a bitcoin price on his goods if the currency swings dramatically in value week to week?

[ericb]

https://en.bitcoin.it/wiki/Brainwallet

I think it may be that bitcoin makes a better gold than cash, but it remains to be seen. Volatility is trending down, long-term.