I agree, we are talking about a currency that is "owned" by a company, the moment the government says "shut down your operations" they are fully gone. So why would I trust all of my money (100+ billion by people nowadays) to a company that can be closed over a single night? It's literally the situation they are in right now and there is nothing that we can do about it. We should realize that this isn't acceptable level of security risk we would take.

I have owned it before, but not for long, just for transactions, and for short period of time, I never held it more than 3 months I think, not sure but it's probably around that much time at most. I do not like to keep it, and try to put it all on bitcoin whenever I can, or altcoins.