However, if you're worried about bitcoin and would rather have something more historically stable, you can always buy gold instead. In the event of economic problems, bitcoin, gold and alt-coins will retain value together.
Gold is as almost as useless as FIAT against an antagonistic government. They dont teach us this in high school history class, but FDR confiscated all privately owned gold in America before and during WWII. He just passed an executive order (maybe it was a law, you can google it up) that said: IT IS HENCEFORTH ILLEGAL FOR ANY CITIZEN TO OWN GOLD, PLEASE GIVE ALL GOLD AND TITLES TO GOLD TO ME IMMEDIATELY, OR WE WILL COME AND TAKE IT BY FORCE. Think that wont happen again?
Another benefit of bitcoin is that it has virtually zero mass, so you can move it, hide it, and prevent it from being confiscated. That is the risk we are really hedging against with bitcoin, the risk that the government will modify the laws that regulate physical property and/or the redeemability of FIAT money.
What we really need instead of a bitcoin 2.0 is an internet 2.0. We need a wireless network that will allow us all to continue to exchange cryptocurrencies WHEN (not if) the world government slams the internet shut in our faces. If you cant log into the web or the cloud, you cant use bitcoin. Or, a few predator drones could take out the major mining pools and the network goes down. Access to a network infrastructre (the hardware, not the code), is the only remaining weakness we the people have. I wish more people were focused on that - because this whole decentralized crypto economy still has that one real-world achilles heel, which is its total dependence upon DARPANET - uh, I mean the internet.
