With Bitcoin rising higher and higher, Libertarians are quickly losing their right to complain about bubbles ever again. We love it when it's OUR bubble.
Here's the econ question for people chasing Bitcoin:
Is the risk of Bitcoin crashing in price worth the additional benefits from the currency?
What's the chance of a Cyprus take over of my account tomorrow.....probably extremely low. What's the chance of my Bitcoins sliding in price resulting in an equivalently bad loss? Probably pretty good.
Cost/Benefit.....let's use it folks. With Bitcoin, you're taking on HUGE risks in order to avoid an extremely low probability risk.