It definitely doesnt replace gold in the PP. Im a bitcoiner but that simply makes no sense right now.

But it is a candidate for the variable portfolio.

Write in vote: Bitcoin

The show got me fired up to use my bitcoins, and maybe even buy some more. Ive routinely gotten 20%+ off purchases on amazon using purse.io. Check it out. Coinbase has a bitcoin debit card (Visa) that lets you spend your bitcoin pretty much anywhere. You can read more about it here https://blog.coi...

Funny, I was just looking at this: Suspected Bitcoin founder 'paid $85 million' worth of the cybercurrency to buy gold and software... after 'being told it was good insurance for his funny money'   http://www.dailymail.co.uk/news/article-3358695/Suspected-Bitcoin-founder-paid-85m-worth-cybercurrenc...

the internet going dark for an extended period This is a valid concern, if unlikely. Bitcoins definitely rely on the internet. simply losing access to them The fact that you cannot recover bitcoins that you do not have the private key for is a perfect illustration of the security involved. You are ...

I know very little about bitcoins, but on a forum that is very keen on physical gold, physical cash, and even buying and holding bonds directly, the digital cloud nature of bitcoins scares the crap out of me personally. There are many concerns regarding bitcoin, but the security of assets via crypt...

I am not talking about building an investment strategy. That is taken care of with the PP. I am talking about Bitcoins with respect to Rule #12, speculation. If you do not understand Bitcoin (#9) you should not invest absolutely. If you are curious, Id be happy to answer anything. Do you have a Vari...

Obviously it is volatile and highly speculative right now, no doubting that. Although I recall Harry said such things might be an ideal thing to be in the Variable Portfolio (if you wish to have one).

Would love to hear the concerns from those who think it is a scam or a rip off.

What is the consensus on Bitcoin in these forums?

Been reading up here for the past many months but do not have a good gauge for Bitcoin's standing.

Kudos to Mathjak for accepting the troubles of posting any changes here and the accountability of putting his money where his mouth is in a sense. Will be fun to watch!