Bitcoin?

Originally posted by @trev33
Just bits of coins.

Actually it is a System to store and Exchange values.

And there we are at the core of the bitcoin boom. The boom means that People begin speculating with it. Since there is no way to make surte you can convert your bitcoins into other Money it is not Money as such.

The Point with bitcoin is that there is an algorithm to obtain 5them and they are limited so we can be sure that nobody just starts the press to make new ones.
On the other Hand there is no enforcer like a state to make anybody accept bitcoins. If the confidence is lost so is the value.