There's definitely big risks associated with it. There are already several other crypto currencies out there that could take over (Ethereum), plus there's a chance that bitcoin could split in two as two different ideas are being negotiated and they may end up making it two different versions. Either way the "experts" who are bullish on it are not too concerned. They are a lot smarter than me, and that one guy (Chamath Palihapitiya) in this video owns 100,000 coins in his funds. https://www.youtube.com/watch?v=B8MEiU4l_Co
But, as with any investment, it couldn't have nearly tripled this year if there wasn't risk involved. That's one reason why I own less than 3 coins (2.3) and not 50.
As for those physical coins, I don't even know if they exist, but they are cool.
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