[troquerre]

Digital gold is a better analogy for BTC than digital cash. As a value reserve BTC has a lot of desirable properties over gold (try moving $10m of gold around...). The fact that it's fairly easy to spend BTC is an additional positive point.

[K0balt]

Yeah, but ever tried to spend (actual) cash online? Any way you try, you're going to need 2 banks and a payment processor involved. The buyer bank, the seller bank, and Visa, PayPal, or somebody.

In the end, something like 3-5 percent of what you spend is going to be redirected. These are real costs you pay.