The Future of Bitcoin

There is speculation about what will become of this currency, which was born out of mathematics and peer-to-peer networks. As no currency of this type has ever existed before, it is really difficult to make a prediction and opinions are divided. Some believe that its high price today is a bubble that will burst and render bitcoins worthless: those who buy them will end up losing everything they put into them.

Others argue that Bitcoin has properties that will always make it attractive for conducting fast, almost cost-free, and almost anonymous transactions, or for storing money away from inflation in a discreet and easily transferable form. Indeed, it is possible to memorize your secret account number and delete everything from your computer; with this number in mind, you can cross any border with peace of mind, then re-enter it using another wallet on another computer...