You guys still don't get it, please can you name one thing that is scarce that doesn't have value? There are only ever going to be 21m bitcoin.If you really think that we will ever return to a new fiat currency backed by gold once all the trust has been broken you have another thing coming. That saying "fool me once..." comes to mind.

As a technology professional, this is the most unbelievable technical inventions of my life time. It is an asset based currency not a debt based currency.If you really think that the world is going to go backwards and we are going to shop online with silver coins that just ludicrous.There is waaaay more more risk of your gold being confiscated than your bitcoins.