One of the main problems with bitcoin is still all the propaganda that is out there. I was at dinner last night talking to a few friends. They are both financially very successful, and both very well educated. We were talking about investments...stocks, mutual funds, etc. and i brought up Bitcoin. Both of them had heard of BTC, but both said that they had heard that Bitcoin was shut down and out of business. I tried explaining that they were probably talking about Gox being shut down, but they were convinced that it was BTC itself that had been shut down.
There is just too much misinformation out there still.
I thought HSBC was insolvent (probably true) and was put in jail for money laundering (joke).
