It seems to be up in value now but I think Crypto Currency are a big scam, they always mention little fees, but they are actually worst than paypal. and their have no securities, if you happened to transfer to the merchant and he claimed he hasnt receives the fund what record do you have to show?
If you ever try using crypto currency to buy stuffs yet? check out the fees you need to pay.
I dont see the need to invent another currency? there will always be a middle man in any systems, middle man are to strengthen the network, and there will always be a scammer in any system, dont mistaken the both as a middle man. but BTC has a middle man ‘the network’ is the middle man and they do take your fees. to ensure your fund being transfer? but again there is no security to using BTC! there will be many more cases and people will go back to their current currency and it is just a scam to lure in the investors.. and soon it will go down in value as people will pull away to this risky investment.