The reason I got into Bitcoin was the argument that because there will never be more than 21 million btc, Bitcoin can't suffer the printing press fate of fiat currencies. On social security, I could see that devaluation of the dollar meant my social security dollars were losing value. I had some 501k dollars from my last job. I saw that with my skills in electronics I could make mining work. My sister talked me out of it and I waited 9 months to a year before getting in. I ran to Walmart for a money order and bought btc. I started mining. I got tempted to sell and buy hoping to make money trading and lost quickly like they were reading my mind. I vowed not to do that again and didn't. Then my gear became outdated but I kept mining and made the mistake of cashing in btc to pay the electric and was losing money as the value was low. This was well after a bitcoin theft from an exchange was followed by Marc Kapales advertising that his exchange was safe. I had my btc in three wallets and move them to MtGox. I had a Merc and upgraded to a Saturn. KnCMiner saved my ass from getting completely wiped out with MtGox. I wanted their next miner and if I remember sent them $10k in btc but demand was so high they couldn't get it to me in a reasonable time and refunded my btc which I put in a local wallet rather than MtGox. I earlier got ripped off as an early investor on a Jalepeno. They kept putting off getting it to me and then sent me a miner that by that time ran at a loss. Anyway that's my story.
What concerns me is Bitcoin has enemies. Forbes really sh*ts on Bitcoin. I've assigned the Forbes news website an ip of 127.0.0.1.
Seems to me if banks can destroy Bitcoin they will.
soy1003