[acchow]

Nobody is saying Bitcoin is currently awesome and better than standard currencies. However, what is clear is its long-term viability.

You should ask yourself from where currency originates. What is its predecessor and was its acceptance ubiquitous. And take note that there was a period not long ago where saffron was used as "currency".

Also, though you may be intelligent, it would good to take a note from Socrates and consider that perhaps you don't know everything about every field.

[AlexMax]

> Nobody is saying Bitcoin is currently awesome and better than standard currencies. However, what is clear is its long-term viability.

This isn't clear to me at all.

There are a finite number of possible bitcoins, and once the last one is mined no new ones can be created. While it might be true that putting more USD into circulation causes the value of each individual dollar to go down, that's actually an incentive to spend money and create economic activity, instead of hoarding it hoping the price goes up.

[oleganza]

Define "hoarding". Who exactly suffers from it? Especially in case of Bitcoin where nobody forces you to even care about it (unlike gov-issued legal tender).