BITCOIN: IT'S GOOD AND IT'S BAD

BITCOIN is challenging $$$ hegemony and strengthening rogue states.
It is a borderless currency that has enjoyed mind blowing growth.
The blockchain technology behind bitcoin acquisition is open to anyone, regardless of location, that is, with a virtual wallet

Good Side

USA has personal issues with Iran as a result of power struggle in the Middle East. This has resulted in baseless economic sanctions on Iran citing nuclear arms development as a basis, something Obama took care of. Citizens are bypassing this sanctions using Bitcoin.

Venezuela has announced it own crypto currency, the 'Petro', to fight USA financial blockade

China is introducing petro-yuan into oil transactions to minimize USA influence

USA perceives Russia as a major challenger of its global power and has under many guises. Russia is currently hit hard by USA oil sanctions and analysts are saying Russia could move to stop $$$ in trading crude oil and using cry to currency. Popular in Russia 'Etherum' and PutinCoin - after Russian president, Vladimir Putin

Lastly crytocurrency is really helping poor communities in Africa, Asia and South America suffering from bad Governance, over population and ailing economies

Bad side

Rogue state like North Korea will likely (God forbid) acquire an ICBM reaching deep into USA and Africa. Crypto currency is a very ideal form of cash for North Korea because with it, money could be moved quickly and across borders, used to buy materials it could use to make an ICBM.

Sadly, it has been reported that North Korean hackers stole $6.99 million worth of bitcoin in one hacking attack : a very substantial amount and a stimuli for further attacks. Other countries might follow suit

Conclusively, crytocurrency good outweighs it's bad