the way i see it:
main disadvantage: infinite inflation - which isnt necessarily always good.
main advantage - decentralizing the currency can do a lot of good to a lot of people, mainly outside the usa and Europe
naorai
You're the second person ITT to make the hyperinflation conclusion but neither of you have mentioned how to arrive there. Can you explain how you got there because I'm not seeing it? How is the currency going to be devalued to that point?
I believe they mean that, if bitcoin strongly succeeds somewhere, the current currency in use there would be replaced, and as consequence it would lose value, making all prices quoted on it to go up.
It would only cause hyperinflation like that if bitcoins adoption grows really fast in that nation, what I find very unlikely.