I have read an article about why it is not a bubble...Not sure if it was on hubski, or elsewhere...I will go look for it. Thanks for the additional information/sharing! Bitcoins have interested me a lot for a while now and I've been trying to learn more about them. As a writer I doubt I'll ever be lucky enough to be able to trade virtual skills for BitCoin so buying them is going to be the way to go. No supercomputer for me :) Here is the article I was reading: http://www.aljazeera.com/indepth/opinion/2013/03/20133913253...
You actually bring up an interesting question -- why should I need to work for dollars? Albeit paying me in dollars would be easier, is it a legal requirement to be paid in dollars for compensation? I can't really answer too much on Bitcoins explosive valuation mostly because it's so new. I imagine that it could be a bubble for now, but I can also see BTC's valued much, much higher in the near future. The very workings of Bitcoin will make it a valuable asset to anyone interested in a decentralized currency -- there will certainly be a market for this kind of stuff, especially since governments are experimenting with internet regulation and control.