I understand bitcoin is translated into real dollars but my biggest concern with government acceptance and how one major nation (e.g China) can demonetize and devalue BC overnight by no longer mining or no longer accepting BC.  Today in the US i think we get by due to the vague understanding of how it works, which is why our government sees it as a commodity (like gold).

On the other hand, how do you feel about major banks and investors getting into BC?  Shouldn't this help stabilize the market?