Comment by demxzy

Give bitcoin another 5 - 10 years, and it will be centralize into the hands of a very very few powerful players (crypto equivalence of Facebook, Google, Amazon etc) making it easier for government to track/monitor/censor etc. On escaping hyperinflation, while this is possible and also a good thing, you can still loose a huge part of your savings by running to a currently speculative currency/commodity. In Nigeria, a lot of people did that and Bitcoin crashed in value and the local currency appreciated about 30% in the black market where a lot of common folks source their foreign currencies. It is still interesting to see where all these developments lead.