Coincidentally I naturally agreed with the vblogger here:
Holding about 0.25 btc which by August 1st will be used to buy something of value [it's a perfect time to keep the profits I'm generating from btc via other crypto investment into gold] - see http://www.teletrader.com/au-btc/currencies/details/tts-78355171# .
Recommended, to use any crytpocurrency directly through their site to buy physical gold:
Goldmoney.com/r/pnZmSf get some free gold on your Birthday from them every year!
Note that in 2016 they changed their name from ...BitGold to Goldmoney (clear message to us all then...)
I don't believe it's a scam (?explanation please whoever suggested such a thing) at all, but like the dot.com bubble full of trader speculators who couldn't really care about the ethical implications of it. It could just as well be a CIA conspiracy/trick to get out there a global currency - but for it's non-centralised organisation. All set to manipulate a price for Gold. There you go, a brilliant experiment that'll take another 6 years of refinement to see the price return somewhere near the price of today, by which time confidence in better alternatives (perhaps) will have superceded it's monopoly of use as the number one alt. currency.
For nations to accept it, it'll only ever be as an 'alternative' in within the span of the next lifetime is not going to replace gold sentiment, by which time man himself will really have gone to the moon.
Current Sentiment:
-don't hold Bitcoin until the end of the year when it should be down to the linear line of appreciation set from the start of >$500 Tulip bubble to a tea. All time highs due after 1st July, crash possibly due by 23rd Sept. Profit from Blockchain tech with other alt coins in the meantime, and ICO's representing this new age of industry, and technological development, there's clearly enough to satisfy one's interests out there. Unless of course you are a get rich quick and easy FX trader with no scruples, for which luck is your only friend.
Peace.
Make sure you watch the tweets and news about Bitcoin, not for the price over the next few months, but the panic selling. I lived through the lock of MT Gox, and escaped loosing on 0.07BTC for what it's worth, kept a diary of events and my feelings and reactions. Everyone will be safe if they keep abreast of events.
& Go Vegan!