So I'm curious what you bullion junkies think about Bitcoin. For those of you who don't know about Bitcoin I'd suggest reading through this article from Wired Magazine. In a nutshell Bitcoin is a digital currency that has no central authority and is based on cryptography to insure a steady (but limited) supply and the confirmation of valid transfers of bitcoins among users. Is this something that has run its course and will be doomed to obscurity? Or is it possible that Bitcoin could become a "Meta-Currency" used mainly for overseas transfers. Speculation did drive up the price of a bitcoin upwards of $29 but a hacking scandal has brought the price back down. It is currently around $6 per bitcoin. There ways whereby you can purchase bitcoins and store them in a permanent "coin" or "card" and lock them up for future use similar to stacking bullion. See THIS link. Anyway just curious what you guys think.
