I'm not overly old (mid 50's). Neither am I overly intelligent or ignorant (imho), wealthy or poor,
impulsive or cautious.
I am not an IT person (for some reason my computer gives me choices when I power up and I
always choose F1 and then Enter...because that still works) I have a tower because a friend
(who is an IT) once told me that towers can always be fixed and laptops become lousy boat
anchors (I now have a few of them...and no boat).
I'm watching Bitcoin, learning all I can and really what it comes down to for me is no matter how
secret and brainy I would like to accumulate Bitcoin...or just register any holdings I just can't
see how there is any value in Bitcoin when fiat becomes more worthless than it already is.
Perhaps I'm being overly paranoid but my thinking is if there's systemic breakdown in the global
monetary system then, really, how much faith will there be in 21 million Bitcoin?
No matter how many times you slice it, adjust it, inflate it, there's just not enough to go around.
I can say that I've lived in interesting times...and these days just keep getting more interesting,
but I'm pretty sure I won't be around to see if that last Bitcoin ever get's mined.
For my immediate and foreseeable future all I can safely say is I'm satisfied to have both a place
in the valley...and one in the hills. Yet I will always keep my optimism and remain bullish for
humanity.
~may all hatred cease and let there be peace~
I don't really believe anyone here is looking for a breakdown in the fiat monetary systems currently in place in order to justify using Bitcoin. Bitcoin, at this point, is an alternative payment system. It has the unique feature of being under the control of "the great unwashed" instead of any single government entity. That concept, in such widespread use, is new for everyone. Bitcoin has problems just as all new systems do. Most of the users on this forum (the ones that believe in the concept not the profit model) see inequity in the way financial systems and fiat are used and manipulated by governments. These users are hoping for a day when people can truly control how money flows worldwide and with that control help to make a more equitable world.
No one should lie to you and tell you that Bitcoin can't fail or the change will happen overnight just to garner your support. The change will most certainly take decades to happen and could take generations. But if you want to try to make a difference in shaping the future for your children or grandchildren then Bitcoin is worth learning about and using. If you simply want to make on-line payments without giving away your credit card or debit card info to every little company that pops up a website then Bitcoin is a good choice for that too.