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Bitcoin ATMs Are Coming To New York City
With over 1,000 new merchants adopting Bitcoin every week, it is perhaps not surprising that, as NY Post reports, the first Bitcoin ATM is about to debut in New York City. Following success in Canada and Europe, Brooklyn native Willard Ling, 30, is set to introduce the first bitcoin ATM to New York City at the East Village bubble tea shop 'Just Sweet'. State regulators with the Department of Financial Services are expected to hold hearings later this month to discuss how the digital currency should be regulated; and until then, Ling’s bitcoin ATM will sit in his apartment.
Josh Harvey, co-founder of Lamassu, showed off the first bitcoin dispenser at last week’s Consumer Electronics Show and has found quite a bit of interest for the $5,000 machines.
How does the ATM work?
The machine, designed and manufactured in Portugal, looks like a typical deli ATM — but functions more like a vending machine. You put in US dollars and receive bitcoins back on your phone.
Users first download a bitcoin wallet mobile app — such as BlockChain or Mycelium — and set a password. A black-and-white QR code appears. They press the phone against the ATM’s glass window so it can scan the code, then feed in cash.
Presto, the machine sends bitcoins to the phone.
Coming To New York...
Brooklyn native Willard Ling, 30, is set to introduce the first bitcoin ATM to New York City.
After scouting locations, he has chosen the East Village bubble tea shop Just Sweet, on 3rd Avenue and 12th Street. He is now in talks with the owners on a rent deal.
But there are still hurdles...
State regulators with the Department of Financial Services are expected to hold hearings later this month to discuss bitcoin and how it should be regulated.
Until rules are drawn up, Ling’s bitcoin ATM will sit in his apartment.
He thinks New York should get on with it if it wants to still be considered a center of finance.
We would tend to agree since, as Mike Krieger at Liberty Blitzkrieg notes, over 1,000 new merchants are accepting Bitcoin per week (via BitPay alone)...
Earlier today, the Bitcoin news website Coindesk reported that BitPay is adding 1,000 new merchants per week, within an article highlighting the fact that private jet company PrivateFly had just teamed up with the payment processor to accept BTC for its charter flights.
Just to put this into perspective and understand just how staggering this growth it, BitPay only first surpassed 1,000 total merchants in September 2012 and a total of 10,000 in September 2013. At its current growth rate, the company is set to double the milestone of 10,000 merchants every two and a half months. Incredible.
From Coindesk:
“We believe that merchants are starting to see the value that accepting bitcoin can bring to their business,” said BitPay’s Jan Jahosky. “We’re adding merchants at a pace of 1,000 new merchants per week.”
“We expect exponential growth in the popularity of bitcoin around the world with both merchants and consumers, and anticipate seeing the biggest growth in China, India, Russia and South America.”
Full article here.
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BITCOIN'S GONNA CRASH & DISSAPEAR
Just like all the expert naysayers said it would in 2009 , 2010 , 2011 , 2012 , 2013 ....
It was a curious novelty then.Just wasn't worth the diversion from
doing God's work to strangle at birth.
Now its becoming a viable threat to TPTB, its a whole different ball
game.If they don't try very hard to destroy it now, we will know its
really TPTB's own creation.
We shall soon see.
I agree with you... Crypto currencies should pose an existential threat to the central banking system as it now exists, mostly because the current system requires efficient taxation to pay interest on sovereign paper, and Bitcoin should break the income tax system. That said, if you have ever read insider accounts of the various intelligence organizations and their operations over the years, you know that there is never a simple explanation for anything. There are always wheels within wheels, obfuscation, misdirection, shadowed intrests and motivations, to a mind boggling degree. If the simple analysis holds though, and cryptos are a threat to the Hidden Hand, then, it seems, they must take down or severely regulate the global network (internet) and do so soon. If that doesn't seem to be happening then it really would raise questions about motivation, deep planning, and whose creature is this anyway. This is likely, IMHO, one of those inflection points in history with huge implications, and the thing is only just starting to come into focus... should be velly, velly interesting.
I have a simple, precise response: Any doubts that bitcoin is a TPTB propped invention can be fully converted to vindicated suspicion when TPTB trace, allow & even help to facilitate medium of exchange in BTC, and TAX the transactions using bitcoin.
Bitcoin will have ALL the disadvantages of fiat currency with NONE of the positive attributes of anything of inherent wealth that physically exists.
UNLESS local, state and federal (i.e. IRS) authorities are going to willingly allow commerce that can't be taxed to take place, openly and widely. RIGHT...
/To have & to hold bitcoins, born of Satoshi, electronically mined, by maleware or otherwise - that's the feel of true wealth.
UNLESS local, state and federal (i.e. IRS) authorities are going to willingly allow commerce that can't be taxed to take place, openly and widely. RIGHT...
This really is the crux of the matter.
They will collect sales tax on businesses in their jurisidiction. Just like they do now. They won't collect sales tax on businesses outside their jurisdiction unless they have agreements with other localities or the businesses are big enough they have something to lose like Amazon. Just like they do now. The simple fact businesses still reside in a local jurisdiction whether it be bitcoin being used or paypal or some debt or credit card purchase doesn't change. There is reason why the NSA goes after the endpoints, businesses suffer from that same problem in digital commerce if you are a legit registered business in some locality. Absolutely nothing changes in this dance bitcoin or not.
when TPTB trace, allow & even help to facilitate medium of exchange in BTC, and TAX the transactions using bitcoin.
You're not trying. Really.
Evading tracking with BTC is easy. Thousands of people do it every day.
LEARN something, TiS.
Bitcoin transactions are already covered by existing "in kind" and barter rules and regs. Same as if you are trading chickens for silver bullion. However, purchasing Silver with USD is not taxed in the U.S, correct? Here in Japan it is taxed.
I prefer this one: http://www.gold-to-go.com/en/purchase-gold/reasons-for-gold/why-atm-gold/
BTC is good, gold is good. Get them both!
I don't trust btc. It will be rigged like libor, paper metals etc. BTC as a medium of exchange, ok. But not as a store of wealth. I'm really not interested in currencies.
Then stay away from it.
Next!
bitcoin conventional style ATM's are a stupid business model. They will fail.
However, I did see an enterprising bitcoin startup that created a small winebottle size bitcoin dispenser that only accepts money for bitcoins. He plans to sell it to bodegas. it's small enough , cheap enough , and portable enough to be stocked in many places at low cost.
conventional ATM's for bitcoin will lose money .
I tend to agree in a limited fashion.
I assume two things; the dollar will die and bitcoin will be mass adopted.
If these two conditions are true then "bitcoin atms" will be rendered useless. No one will be accepting dollar for their BTC and there will be a mad rush for BTC by paper holders.
How long will it take until everyone is finished swapping dollars for bitcoins?
How long until this machine is no longer useful because no one has paper to trade for BTC?
Well that depends on how much longer paper currencies are held.
I personally think these bitcoin atms could be useless in less than 5 years time.
Specific atms in certain markets will have a positive ROI.
Many other atms will never pay for themselves before they become useless relics.
I think the same goes for gold. As the dollar dies, people will swap out of bills for scarce monies. How long will the exchanger be in business before everyone is swapped over and his service is no longer needed?
At that point I think secure storage and vaulting will be the long term service to provide.
The only exchange I can see being useful in the long run is one that allows exchange of scarce monies... AU, AG, BTC, bic lighters.
Bills will die and anyone who relies on "bills" in any fashion will be in the wrong business.
I see a thriving mafia backroom bitcoin to cash and vice versa scams popping up after they pay some local businesses a visit and having a talking to about using legit bitcoin ATMS. Same as it ever as with them guys. If it is not video gambling machines.....
Hi Ho Bitcoin.
I want one of those machines. I didn't know Portugal made something; anything, ever.
Bullion Title Certificates (BTC, Series 2)
Bitcoin Is a High-Tech Dinosaur Soon to Be Extinct
Stephen Mihn provides very interesting historical perspective on Bitcoin. If you study the history you can know the future. Currencies come and go and some was even thought to be better than Gold for a while, but only for a while. Once you can "print" or "create new Gold" - it is not Gold any more.http://sufiy.blogspot.co.uk/2014/01/bitcoin-is-high-tech-dinosaur-soon-t...
"Gold 3.0": Want to create the next Bitcoin? This website makes it easy – too easy
"So much for the "Gold 2.0" and new store of value - Bitcoin's value proposition is fading away by the day. It is not so anonymous as a lot of people think, it is not so easy to transfer, scams around Bitcoin are happening daily in more and more forms. Banksters are entering the game if they were not there already from the very beginning. And NSA prints are all over Bitcoin according to some reports on SHA256. But now you can have your own Gold 3.0 - just chose the name. OK, maybe for you it will be difficult to compete with pumpers of Bitcoin, but JPMorgan or FED can easily do so. It is very interesting to note that China has effectively banned Bitcoin from any authorised financial transactions, but FED is not so restrictive at least now - so who is really behind it now?
@Sufiy
Oh look, another blog attention-whore post.
Here's the bit on the algorithms that usually is brought up by One World Tinfoil, that I have to refute in every effing thread:
Bitcoin uses a different elliptic-curve implementation - namely secp256k1. This is not the curve that was supposedly compromised by NSA, which is called sec256r1.
Bitcoin uses TWO operations using SHA256, which makes it irreversible. Of course, nobody tends to mention that, as they're trying really hard to smear Bitcoin.
So learn a few things and perhaps remove the tinfoil.
Thanks!
Evil Mendaces,
I see you still are claiming the NSA never heard of double hashing and accidently gave us rock solid encryption. Why is it Bitcoin developers switched to NSA SHA256 and made it so it can't be replaced in a backwards compatible way? Why did they go with RIPEMD160 when it's hackable?
"Bitcoin" is a further sign of arrogance and irresponsibility. It's just creating more craziness in the world of externally managed faith currencies. It's all just part of a dying empire.
The more popular it gets, the more I suspect that bitcoin is an NSA creature with the blessing of Goldman Sachs et al
I'm almost 100% sure it is. No private person would otherwise get away with it.
and if it was private, the secret service would have him in the hole and beat the key out of him.
And if te secret service wouldn't do it, the mob would.
your brain and spirit is already beat to shit, what do you have left to lose?
I think ZH should let us keep the balance of our up/down votes in our accounts and we should start using that as a new digital currency. You mine the new currency with an intelligent comment and lose some with an idiot remark. How bout it Tylers?
brilliant idea
call it a durden
People give bitcoin via Reddit comment all the time. Wish Tyler'd hook that up here.
Let the sheeples have their bitcoin. See if the Feds care.
Only ZH gold bugs would think an open source decentralized protocol owned/controlled by nobody with a pontentially infinite number of alternative crypto-currencies if any one of them were to become compromised, and best of all is used voluntarily, is a creation of some NWO illuminati lizard people. Keep stackin' your shiny metal coins all the way to zero guys. That pink stuff betwen your ears, try using it. I wonder if salt bugs acted the same way as you guys when some radical people suggested replacing salt as money with gold. NO! But...but...but... you can't eat gold! History repeating itself, bitchez.
Yep. The NSA can't crack bitcoin. It's like, totally, uber-top secret, man.
Just like the government doesn't literally own, with its telecom/tech partners, the very transmission lines bitcoin is routed by...
Have you ever been to an American city in the last few years? Cameras up your motherfuckin ass. Bitcoin transactions are publicly available to everyone that's THE POINT of bitcoin. However if you create a paper wallet on a computer not connected to the Internet, no one (including the NSA) will know who owns that wallet. Do some mah fuckin due diligence on the topic my niggah
I don't live in the USA. Breaking news, 6.7 billion other people don't either. Your sheeple are the minority. It is not my problem if you choose to live in a police state. And the 6.7 billion other people on earth now have another choice of an international currency to use other than your police state fiat backed by war and murder. Is that what you are doing now, defending the murder backed fiat of your government?
I have bitcoin. Nor do I live in an American city. Wtf are you talkin about homeboy? Slow your roll.
One And Only " However if you create a paper wallet on a computer not connected to the Internet, no one (including the NSA) will know who owns that wallet.:
Comment:
However, the end user of bitcoins has to connect to the internet to conduct commerce. That is one of the selling points. Just recently all the bitcoin fans were fawning over the thread that overpriced.com was accepting bitcoins.
Then there are those that don't want to mine bitcoins but simply buy them by converting fiat to bitcoins - done via internet. Then there is the conversion back to from bitcoins back to fiat that these retailers must do.
"However if you create a paper wallet on a computer not connected to the Internet, no one (including the NSA) will know who owns that wallet."
Who built the components in your computer? Who built the components in the components? Do you honestly believe that everything on your computer is safe? If you pull out the ethernet cord, and then use your computer, do you honestly believe that the next time you're back on-line your previous actions are safe from prying eyes?
It might be nice to believe that, and to believe the opposite might be frightening (and admitedly defeatist in nature), but cognitive dissonance is the phrase that comes to mind.
Confering omnipotence on those prying eyes simply because they tell me that they can do it is also naive. I've noted many times that the hive of building in the NSA's Utah data collection and analysis operation could easily be empty shells. They allow it to be leaked, and then confirm that they are magical and can read your very thoughts, and...poof...John Q believes it and modifies (or does not) his behavior accordingly.
Jedi mind trick probably needs a willing and slightly gullible participant.
Know of any good caves for sale? I'd prefer one with a non-microchipped fireplace.
If they crack it create another without the weakness they used to crack it. You miss the whole point here. We have an entirely new dimention and tool to use to achieve financial freedom. Bitcoin does not have to be the final save all. But the technology is a step in the right direction, only if you paraniod gold bugs would step out of your caves and realize it though.
agreed, with one quibble: a major weakness of any socioeconomic system (incl. & esp. currency) is when freedom is not balanced with an equal amount of personal responsibility. in a crypto case, when the responsibility for maintaining the security of a blockchain is narrowed down by ever-increasing barriers of entry to fewer and fewer participants (due to the nature of the code itself), then the realization of that promise of freedom erodes in lockstep.
It's designed so that NSA SHA256 can't be replaced in a backwards compatible way.
@TruthInSunshine: "The Fed can crack...". Close, but "no cigar".
'Cracking' is a red herring, a false argument. 'Tracking', on the other hand, a different matter altogether. The latter requires FAR fewer IT resources than the former, and in the end... all you want to do is monitor the FLOW of "transactions of interest". Think more strategic, less tactical.
That's the point. The fact that legislative bodies are now debating "enabling acts" and ordinances to allow for bitcoin ATM machines drives a stake through the entire original (alleged) purpose of bitcoin; the fact that ATM machines will be allowed to conduct commerce in it means its not only regulated by, but sanctioned by the state itself.
It's no longer a means to upend a monopoly fiat currency backed by nothing of inherent value, and created and distributed by an elite circle of corrupted individuals/entities, but an accessory/alternative to that very monopoly fiat currency.
The fact it's regulated/allowed by the same entities that create & distribute the monopoly fiat currency that it was allegedly established to upend or supplant tells any rational person all that there needs to be known about it being co-opted.
That it has no physical presence or inherent value only serves to further undermine its original, alleged mission statement.
It's poppycock.
It is most likely a .gov sanctioned replacement currency, with the ultimate goal of usurping the currencies of other nations, which is why its creator remains "secret." Everything points in that direction.
replacement currency, yes I have the same thoughts. But replacement for what.
I havent thought about it deeper but on a first view my gut feeling says me its an alternative for the US Dollar. The US is moving to Bitcoin. Employees can soon decide whether they want their payment in Bitcoins or in traditional US Dollars. When choosing Bitcoin you get a bonus on top. Payments and purchases within the US everything can be whether in Bitcoin or in US Dollars.
Once this alternative is established the US Dollar is slowly going down the drain loosing more and more value. Thus debts in US Dollars loosing in value too especially in the fx. But Bitcoin is taking off. I dont know if this makes sense but somehow I believe the whole Bitcoin story is about to establish an alternative for the US Dollar before the Dollar is slaughtered.
alternative for the US Dollar => Bingo!
There is a very strong chance for failed implementation, (Bitcoin = beta) which means every current user is basically a guinea pig. If it does fail, I'm betting curent users don't get any reimbursement.
<<a .gov sanctioned replacement currency>>
What, the USD is not good enough for their purposes? They need to give up centralized powers to fulfill their evil devious plot? 7 billion people can create bitcoin addresses for free without permission or trace and transfer bitcoins at will in multiple jumps. Overall this is impossible to track. Digital USD is so much easier, can't y'all see this?
@TruthIn... something (Still looking for it, apparently)
Yes, lets ignore person-to-person transactions or any other method that can be used to acquire Bitcoin. How nicely cherry-picked of you. Are you too busy embroidering your "NSA 4EVER" bathrobe to even bother thinking things through?
Like I said before, Bitcoin has to interface with the legacy financial system before it leapfrogs it. But apparently to some, this means that it loses all validity. Sorry, you've failed, try to think it through more thoroughly next time.
Yeah! That's the ticket! In-person face to face "p2p" transactions. The brilliance of it!
No, wait a second. I'm supposed to fly to HK to meet with the seller of the batteries for my cell phone, and then exchange my Btc for his? Oy, mighty expensive batteries.
Oh, you meant for local transactions? I have these paper thingys in my leather wallet for that purpose. I might not like them, and Alan, Ben, Janet, and ....Itzhak Schlomo Schlongnose can all wither an die and I'd grin broadly, but until legal tender laws change I'm kinda stuck with those paper thingys or an electronic promise to settle in them.
"but until legal tender laws change I'm kinda stuck with those paper thingys"
Way to fight the man, thanks for contributing, keep them hits comin'
Pretty much any government can descend upon your house with an armed police and a metal detector unit. A good sonar unit will probably identify your buried gold stash. A bitcoin wallet, with suitable passwords is actually more difficult for anyone to delve.
The reason you buy bitcoin is to make money and have fun or going to re-hab or whatever it is you do when you don't have to work.
I go to college and jog.
Anyhow with the recent news articles released and evidence of bitcoin's success the price has not reacted in the way expected. This proves that its price is not affected at this time by the media but instead still is a function of its expanding utilization.
q99x2 "The reason you buy bitcoin is to make money"
Comment:
That isn't the stated purpose of bitoins. And what you purport is called speculation. Many items have had successful beginnings only to fail upon fundamentals. Tulips anyone?
Bitcoins has hardly made MSM. What you say proves nothing. Bitcoins is still a minor market as to be a blip in finances.
What's with the biometric scan? Seems to defeat the purpose of Bitcoin being nearly anonymous.
@twh99
The biometric scan was required by Canada, if you're referring to that ATM. As for the one pending to go into NYC, any access control is pushed upon it by the legacy financial system - it isn't Bitcoin's fault.
Love how complying with regulations means its all shit, but you idiots gladly use your debit and credit cards, creating a detailed electronic breadcrumb trail of what you buy and where you do it.
*sigh*
Sometimes you just can't help some people.
dude just stop.. these luddites won't learn, just throw rocks and drive by their trailers
"Love how complying with regulations means its all shit, but you idiots gladly use your debit and credit cards, creating a detailed electronic breadcrumb trail of what you buy and where you do it."
In a reply a few lines up the page you stated that face to face transactions in Btc were an alternative for those who fear trackability.
There goes the 'transnational ease' argument.
Now you're arguing that at this particular point of utility it's no different than that of debit and credit cards.
There goes the 'anonymity' argument.
Tell us again why we should buy Btc?
Sigh away. More "idiots", eh. The GLARING problem with your STRAW MAN argument is that it assumes that those on the other side of the argument have claimed that either 1) their debit and credits offer anonymity, or 2) that they are dissatisfied that their debit and credit cards do not offer anonymity.
If you can point to ONE previous argument of either 1 or 2 I'll dance at your wedding.
Might want to look in the mirror mendax.
You can call all the names you want, but you are DEAD WRONG on this particular issue
"As for the one pending to go into NYC, any access control is pushed upon it by the legacy financial system - it isn't Bitcoin's fault"
No it's not Btc's fault, but it shoots basketball-sized holes in the previous BS that it can't be regulated (and that by extension Btc has this extraordinary value and is the wave of all of our futres because - among other fallacious attributes - it can't be regulated).
Sorry to burst your bubble.
Lot of idiotic replies to your post so you got my upvote dude.
Just more proof that the TPTB created bitcoin.
quoted from full article here, well worth the read :
http://www.businessinsider.com/bitcoin-miners-approach-dangers-threshold...
business insider has a vendetta against bitcoin
Discredit the messenger rather than debate the content of the message ?
Can I assume you have no response to the contents of the article ?
The 2nd question was rhetorical, yes?
Curious how several pumpers demand proof of claims from non-pumpers yet NEVER* demand the same from fellow-pumpers. Well, not really curious.
* hyperbole is dangerous, but I'm on solid ground using "never" here.
Yep, just buy Btc, and don't question it or the zealots> The right to ask questions is theirs alone, so just shut up. If you don't your an idiot, a luddite, a fossil, a goldbug, ad nauseum.
That was good, first I have seen to where you can put in dollars and get bitcoins as everything else I have seen has been focused on the opposite with most of the news with bitcoins to dollars...very interesting.
Need to write an article: "Bitcoin - pseudo currency of fools."
------------
The market will choose the currency in which it will be possible to buy goods.
That is, the market will choose the currency, what will be agree to accept as payment China side.
At the moment - this currency is called "Gold".
I'm tired of reading all this nonsense of "market experts" who do not see anything other than blank blah blah blah along with the words "p2p" and "crypto" .
You do not know, that the relationship between China and the United States, have continuous growing trade deficit?
You do not know or not understand, the meaning of the last statement of the Chinese authorities?
Beijing recently announced that the People's Bank of China, stops further buildup of assets denominated in U.S. dollars.
Question: What does this mean?
Answer: In fact, China has refused to sell their products in exchange for U.S. dollars.
Strange coincidence: U.S. Senate, previously has actively blocked Bitcoin. But after the announcement from China, the U.S. Senate suddenly began to actively support and promote Bitcoin!
Question: Why?
Answer: Because the U.S. now do not know, in what currency, they must to buy goods from China.
But China has actually rejected the U.S. proposal on the exchange of goods to Bitcoin.
China does not need any shit - coins.
China needs gold. Checkmate. Game over.
We know the world is full of ANII , but really, do we have to be reminded of it 24/7 ??
BTC
is heading for $2000
realtime quotes, charts:
http://btcpost.net/
The issue up for discussion should be WHY should state regulators or the dept. of financial services have anything to do with Bitcoin? Let them present their case on why they should be involved in any capacity whatsover. The people can decide the result.
"State regulators with the Department of Financial Services are expected to hold hearings later this month to discuss how the digital currency should be regulated;"
Programmer in need of a job here. If anybody from bitpay is on here holler at me.
Bitcoin down 6.49% in the last 24 hours:
http://www.cryptmarketcap.com/
6.49% drop in 24 hours seems big , but the 900% gain in the last 6 months kinda makes up for it.
Bticoin vs GOLD
Some basic questions about Bitcoin
- Why is it so pumped by the mass media, Wall street and even BERNANKE stating: 'Bitcoin May Hold Long-Term Promise'?
- Why is the inventor not standing proud to receive all the glory? Can a coder write virtually flawless and supposably unbreakable code in first attempt, when all the mayor software giants cannot?
- Why trust a currency which depends on the internet and digital devices that are easily controlled by some well known organisations and even unknown ones?
- If nearly all devices have a secret backdoor coded, could BTC have one also?
- What about the poor without computers.electricity or internet?
- If BTC were to be used by the world, what powers would that give to anyone who could take control over it?
With BTC as global currency BTC, it could potentially be like wearing a explosive belt and handing the remote detonation device to the people who manage to control it.
What about this article: Will BTC replace the Dollar? http://www.globalresearch.ca/will-digital-currency-replace-the-us-dollar...
What about the design flaw that could force BTC to end up being a client/server structure, which users would be happy to accept if the can choose between BTC dying(with their wealth stored in it) or accepting a client server enviroment(central banking system) : http://beforeitsnews.com/alternative/2013/12/bitcoin-what-youre-not-bein...
Considering the above could hold some truth, it is very hard to make a good judgement on BTC and what it is, or what it is going to be in the future.
This all leaves me skeptical and undecided about BTC.. don't know what to make of it..
Personally i prefer gold 1.0, since there is a serious potential that gold 2.0 (btc) can be deleted/stolen remotely wich leaves you broke with no place to complain/sue/held accountable. At least with my bank acount i know where to complain and get my money back, when it should disapear from my account overnight.
To me it sounds crazy that people are investing millions of Dollars in a system written by a ghost, with all the uncertenties mentioned above. Unless you or your associates have the abbility to print money out of thin air, then of course it would be no problem. then one could go on buying through several channels pumping up the price and gaining attention and credibillity for BTC while doing so.
Mark Twain "It's easier to fool people than to convince them that they have been fooled
If there is a big conspiracy behind BTC, chances are we will all be using it sometime in the future, liking it or not. If there isn't BTC will become/remain marginal due to future law and regulations. Our thoughts will have little influence on the matter.
Gold however will always have value, expressed in Yen, Rupee, Dollar, EURO or BTC.. Because it can not be printed nor vaporised and has a track record of surviving all wars, disasters, religions, ideologies, governments and currencies for over 5000 years..