When will this worthless shit crash already? It's a complete failure as a currency. All it's accomplished for the world is to facilitate trafficking in drugs, weapons, and humans, and to reward people who waste electricity. Yes, everyone accepts it as payment. Because it's undergoing a bubble. But no one wants to pay for stuff with it. Because it's undergoing a bubble.
For a currency to be usable, it needs to maintain a stable value. Bitcoin fails miserably at it. Nerds seem to get intrigued by its algorithm and lose sight of human nature- people won't trust it once they get burned by the crash that's being dismissed as an inevitable "short-term correction". (And that's more acceptable than a long-term correction... why?) Sure, you'll forget you were a "billionaire" when you went to bed last night and you'll buy pizza with your Bitcoins for lunch- except no pizzeria will accept them after that. But rest assured, there is a distributed blockchain uncontrolled by any central authority that establishes beyond all doubt that you are the proud owner of a worthless currency.
Bitcoin has made one thing perfectly clear- so-called "fiat money" is the worst kind of currency except for all the others.