Originally Posted by
David A. Rowe
It's not stupid, but it's a decentralized currency in a world where governments control that currency. It is technically a harder currency (Bitcoin specifically) than humanity has ever seen. Much moreso than precious/industrial metals. It is fully dependent on the internet, though, and it doesn't do a lot of people any good when you can't readily buy gas and groceries.
It holds a lot of potential. Chief among them is likely a way to divest from the US dollar during inflation and economic depression/collapse. This was widely prevalent in Germany. It's not as useful as food, tools, home goods, a reliable vehicle, etc., so if one needed such things it would behoove them to sort that out first.
It carries its own risks, though. Many of them significant.