Good point. If you think back to when bitcoin first hit popular tech articles probably the biggest point of the whole things was anonymous currency because no one knew wtf was going on back then. Then it turns out all your funds and transactions are viewable by anyone. For a while in 2012 blockchain.info was displaying the IP address of people sending transactions and showing it on a map lol.

I'm spooked by how fast bitcoin is climbing. Are there any coins that trade counter to bitcoin that I can use to hedge? Or is moving from a speculative to more speculative cryptocurrency just a retarded idea?