[quote=temeculaguy]Or maybe it’s just some guys who went to harvard and think that they are smarter than you and will get you to give them your money.[/quote]

Or maybe one could take the initiative to do some research and read up on the technology and how it works so that we can have an actual discussion on the pros/cons rather than a series of lazy dismissive comments?

A virtual currency is inevitable. It may be Bitcoin, or it may be some other technology. But the underlying fact is that our current systems are obsolete in today’s insta-economy. In 10 years we will laugh at having to wait 7 days for a wire transfer. By then we’ll feel about today’s banking the same way we now feel about sending a hand-written letter via the post office.