hat Maybe some of it. I wouldn't stake my entire life on Bitcoin. To do so would be foolish; the phrase "don't put all your eggs in one basket" exists for a reason. If I had a decent retirement account though, sure, I'd be willing to invest $3000 or so into some mining hardware. There's a very good chance it will not only pay for itself but become a nice little source of extra income as well, and then you can use that income to grow.

cdawall Stupid comparison I would invest my like savings in an single point of investment. No retirement account does that so phrasing it that way is asinine. Forbes 100 companies are investing into the "toy money" in both the creation and just currency market.

You're talking about looking for potential profits with high risk.I'm talking about (basically) preserving the value. About minimizing risk. That's why I mentioned retirement account. :-DYou might be risking a portion of your saving in BTC, but you're still keeping most of it in USD or instruments priced in USD. That's because USD is stable. It's safe money.Mind you, there are countries on Earth that don't have a privilage of stable state money. They actually put their saving in something else, usually... USD (or other currency considered safe, like EUR or CHF).I'm from a country that had such problems 20 years ago - maybe that's because I value state money so highly, while people in US don't know how it is to live with >100% inflation. But no offence - good for you...If you invest in US, your investments are most likely evaluated in USD. So you're implicitly investing in USD as well, just with very low risk. When you keep USD cash at home, you're also investing in USD.It's like trading currency pairs on FOREX. When I buy a pair, e.g. EUR/USD, my profit depends on performance of both currencies.And companies are not investing in cryptocurrencies as money. They try to utilize the concept of blockchain, because it solves a lot of problems. But this has nothing to do with mining. Actually, it has nothing to do with the currencies you know today. Corporations create in-house, "closed" blockchains. And they're mostly designed for improving internal processes.So yes, there might come a day when you'll be able to pay your electricity bill or insurance with Bitcoin. But this is not what electric and insurance companies see as the actual benefit of blockchain (something worth investing billions).