I see his point though, I read it wrong. It was that last sentence that threw me off, which is %100 incorrect.
I wrote it based on my experience. When I learned about bitcoins several month ago, I got a couple of BTC to test the technology. Technology is a piece of cake, but since then I did not find any use for my btc yet, except wasting some mbtc in online casino.
If you think that bitcoin is good for storage of wealth your are 100% wrong for a reason I mentioned above.
Why? I can buy a house, car, any electronics device, anything on any website that Bitspend accepts, so pretty much anything besides groceries that can spoil.
At the moment I am gaining on my savings, whereas in any bank account in the US I would lose. Dollar averaging will make my savings fine all the way down to $20.