True. But just because of the vehicle of the internet doesn't mean an individually created cryptocoin can legally co-exist with a governments issued and regulated currencies. It's not the transport issues that are the problem.
If corporations want to do their banking with blockchain that's fine, they already do to some extent anyways. Why add some sort of cryptocoin on top of all that? It's like pushing a product no one wants and trying to create a market that isn't needed.
I'm not against working these coin exchanges like any other futures or buying into a just created coin etf to play the momo. I reject most all the noise that bitcoin/netcoin is going to replace anyone's currency.
People like yourself that plays the crypt exchanges and etfs know this instinctively and probably not trying to own an actual coin. I'm buying a silver contract and don't expect a delivery of a 1000 pounds of silver on my front lawn. Speculators rarely take ownership of the commodity itself. As I suspect most specs on crypto would be the same.
If a few other countries fall in place behind china in cracking down on bitcoin markets, I expect bitcoin will be back down to under 300 bucks again and or go defunct.
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