[genwin]

I get your point that it can be indirectly devalued. That should be true for any store of wealth imaginable.

A transfer of cash is a transfer of a continuously devaluing currency. If I bury a barrel of cash to give to my heirs it might be worth half in today's dollars by the time they dig it up. Not so likely with bitcoin, assuming demand for it remains the same or higher than now.

The gov't could ban bitcoin transactions but that's becoming more and more unlikely as Wall Street gets into bitcoin-related services.

> If you transfer money by other means (e.g. the bank, bonds, etc) there are perks that make up for the additional cost generally. If nothing else, simplicity.

Agreed. For heirs, for example, a living trust is probably the way to go, over bitcoin inheritance.