>>>>What the heck are Bitcoins? Have you heard of this "money" phenomenon?
>>>>
>>>>http://www.businessinsider.com/presentation-what-is-bitcoin-2013-3#
>>>
>>>
>>>The Bitcoin bubble...
>>>
>>>http://www.businessinsider.com/why-bitcoin-is-like-no-other-bubble-weve-seen-before-2013-4
>>
>>
>>and a couple of other analyses...
>>
>>http://ftalphaville.ft.com/2013/04/03/1425292/the-problem-with-bitcoin/?
>>
>>http://www.businessinsider.com/im-raising-my-bitcoin-price-target-to-400-2013-4
>>
>>I have to admit I'm in the "This makes no sense" camp.
>
>Now this: http://www.bbc.co.uk/news/technology-22026961

One of the better explanations of the whole bitcoin phenomenon...

https://medium.com/money-banking/2b5ef79482cb

It also raises what is in my mind one of the biggest issues with bitcoins (or gold) for that matter. As long as the earth's population is growing, along with economic activity, any system of wealth storage has to grow with it, or you will have deflation. And, deflation, in my opinion is not a good thing either.