right on . all that people have to do is to look at the extreme measures that the Regulators have gone to in an effort, so far successful, to suppress gold and silver as an 'alternative' currency, or store of value, against the deliberate devaluation of fiat currency over time.
(This is actually ironic as gold and silver were 'the' currency for thousands of years before the Regulators introduced fiat currency)
'Not worth the paper it's printed on' - here in Canada the $1 bill and the $2 bill are already gone, replaced by coins - why? - because the paper notes cost too much to print. And there is talk of eliminating the $5 bill.
And coins? the penny has been eliminated because 'a penny for your thoughts' wasn't worth the cost of minting the coin.
A sad state of affairs that the Regulators are enforcing and spreading in the name of 'it's for the good of the people'.
RE: BITCOIN vs SEC - this round goes to the Regulators