Well finally SEC got the real idea behind the creation of Bitcoin and that's a really good news. Bitcoin is actually decentralized digital cash but due to many factors it can be used as the best asset to gain profits for the long term. Look the fiat based cash system won't give us a lot of profits because the fiat based currencies can go down in value anytime while the Bitcoin is a sure way to be profitable for those who want to hold it for long periods.

I also agree that other crypto-currencies are only there because of Bitcoin and they don't really have anything special other than the features they have. A currency doesn't get worthy because of its features, but it gets worthy when people find it as a valuable form to trade good with it. Although, I agree that most of the crypto-currencies can be used for the purpose of trading goods but none of them can come close to Bitcoin when the matter is about decentralization.

I hope that SEC and other governmental bodies will soon accept that Bitcoin is the cash of future, and the future economies will be run by Bitcoin or at least they will implement Bitcoin along with the fiat based system. The future of Bitcoin is very bright and those who are aware about Bitcoin will be among the knowledgeable generation of the coming decades. I love Bitcoin and seeing a news like this always makes me happy. I wish that Bitcoin may grow to very high values in future, and more and more businesses should implement it as an acceptable form of payment.