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[QUOTE="TH13gambler, post: 4505773, member: 227447"]
I call bitcoin shitcoin, that should be enough to understand my views on cryptos. My biggest problem with them is the fact that they arent actually backed by anything or with anything. 
if you collect coins or are interested in them you will notice they all have something similar in common, on one said there is a head of state and on the flip side of some like old greek coins for example wheat. our modern currency are the same they are government backed and with these cryptos, government can step in at anytime and fully regulate thme make thme illegal or start one of their own, a countrys own crypto which has already begun. i read russia are considering a crypto of their own creation and i think estonia have one already.
My other issue with them is, can i buy a pint of beer? can i buy pizza or go to the local shop and use them? no i cant, i dont understand something thats not attached to anything, to me it has no real value and i think people are gonna get hurt in the end.
i think its a good idea and probably a pioneer for later things which are in fact govnerment backed just like money.
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