(Credit for the below list has to be given to u/BurritoFueled, who created the original list in 2014 and updated it a year later. Almost two-thirds of the items below are still from that original list. All I’ve done with the list is revive it a little bit by updating dead links and making little tweaks when necessary. Also, thanks to those that submitted new additions to the list last week. Over a third of the below items are new and a lot of the original items have had newer information added onto them.) submitted by
People are always looking for something to do around here. Maybe you’re a transplant, unaware of what this area has to offer, or maybe you’re a lifelong resident, tired of the same old thing. Well friend, if you fall into the latter category, do not despair. There’s actually plenty of things to do in the Sacramento area – things of interest to almost any lifestyle, personality, or budget.
So, whether you’re an athlete, geek, eccentric, hipster, weirdo, sexual deviant or just a normal person looking for a new activity, below is a list of activities for you to try. Please note that it includes only activities that take place at least a few times a year – no one-off events or festivals here.
Enjoy this list. If you have any suggestions of your own to add, comment below in this thread. I'll try to keep this as up to date as possible.
Away we go. UPDATED 10-6-20 (Note: Due to the current pandemic, some of these activities may be curtailed or not offered at all.)
- Cast you some spells and slang them multi-sided dice at Great Escape Games and/or A1 Comics in Sacramento.
- Paintball it up at Capital Edge or Davis Paintball,
- Take a walk among the tree tops at Tree Top Sac.
- Visit the California State Capitol Museum. Or just the Capitol building. They are one and the same. The tour is free!
- Rekindle your dreams of being a pilot or astronaut at the Aerospace Museum of California.
- Take a ride through automotive history at the California Automobile Museum.
- Like to Knit? Enjoy a good chat? Join a Knit and Chat at Knitique: A yarn boutique in Elk Grove.
- Play disc golf at one of several courses in the area.
- Become the next Tiger Woods (the golf part, not the cheating, getting your windshield smashed by your wife with one of your golf clubs part). Start by hitting up a driving range at Top Golf or Haggin Oaks.
- Can't get enough 2nd Saturday? Try 3rd Saturday in Roseville, 3rd Saturday in Placerville, or 2nd Friday in Davis.
- Get your culture on at the Crocker Art Museum.
- If you prefer culture that keeps you on your toes, check out the Sacramento Ballet. Want to become a ballet dancer? They offer classes as well.
- More into theater? Check out the Broadway shows that come to the Music Circus annually. If your tastes align with smaller productions, check out the B Street Theater calendar.
- Go Geocaching for one of the thousands of great hides in the area.
- Join an intergalactic war for local landmarks and public art in the Google-produced, GPS-Dependent MMORPG, Ingress.
- Tour the live-work spaces of Sacramento artists, and buy some art, during First Friday at Warehouse Artist’s Lofts. They often put on performances during First Friday as well.
- Everyone knows about the Kings, Republic and the River Cats. Check out some of Sacramento's other sports teams: The Sacramento Sirens (women's tackle football), Sacramento Gold (men's soccer), or California Storm (women's soccer).
- Enjoy the fast-paced, bone crushing action of roller derby with Sacramento roller derby.
- Preserve and explore the area's unique history and heritage by joining or supporting groups such as the Sacramento County Historical Society, Preservation Sacramento, and Sacramento Modern.
- Watch people drive really fast at Sacramento Raceway (drags), All American Speedway (short track), and Placerville Speedway (dirt).
- Drive your own car really fast at Sacramento Raceway's Wednesday Night Street Legal Drags.
- Purchase the sweetest sweet corn in all the land at the Davis Ranch in Sloughhouse.
- When you're done in Sloughhouse, head a little further up the Jackson Highway (just past Rancho Murieta), hang a left on Michigan Bar Road, and cross the bridge (it's safe, trust me!) for one of the most historic, beautiful, and adventurous road trips in the entire area. Make sure you bring a hearty vehicle and avoid during winter and spring.
- Play bocce ball at East Portal Park or Sutter’s Landing Park. When Sutter’s Landing skate park is open, you can borrow free bocce balls at the front desk if you give them your ID.
- Get your party on at THIS, a free concert series every second Saturday at 20th and K during the warm months of the year.
- Grind some rails at Sacramento, Elk Grove, Folsom, Rocklin, and Citrus Heights skate parks.
- Catch some air at Elk Grove, Oak Creek, and Elkhorn BMX parks.
- Learn to dominate obstacles with parkour training at Free Flow Academy.
- Dominate the boulders at Putah Creek. If indoor rock climbing suits you better, try Pipeworks, The Boulder Field, or Granite Arch.
- Spend a day at Sacramento’s only “extreme air sport park”, Defy. Or just spend hours jumping in a trampoline park at Rebounderz in Arden-Arcade, Urban Air Trampoline & Adventure Park also in Arden-Arcade, or at Rockin' Jump in Elk Grove or Roseville.
- Become a confident public speaker with the Toastmasters.
- Learn about some of Sacramento’s history at Sutter’s Fort. (Or you can just follow u/sacramentohistorian).
- For a different view of Sacramento history, check out the State Indian Museum. (You can still follow u/sacramentohistorian though).
- Of course there’s the “official” Sacramento History Museum. A visit there can include an underground tour of Old Sacramento if that interests you.
- After taking the underground tour, take a stroll across this sub’s favorite bridge – the Tower Bridge). Make sure to take a picture and post it. This sub can’t get enough bridge pics.
- Beat the summer heat by getting soaked at Raging Waters, getting towed by a cable (wakeboarding) at Wake Island Water Park, or playing on floating inflatable climbing structures at Velocity Island Park. If you prefer to dip your toes in the sand and just lay out in the sun, try Sand Cove Park.
- Show off your moves at the downtown outdoor ice skating rink during the winter months. If you need to show them off year round, you can do so indoors at Skatetown in Roseville.
- Take a short drive to Rancho Seco Lake for picnics, swimming, fishing, and hiking. Watch out for three-headed frogs.
- Attend an event with the cool kids at Sacramento’s DIY artist event space, The Red Museum.
- Take a trip out of the city and go visit one of our many state parks in the region.
- Or stay in the city and visit one of those state parks – the Leland Stanford Mansion – if 19th century Victorian architecture floats your boat.
- Watch some slobberknockers live with Total Wrestling Federation and Supreme Pro Wrestling events. If you'd rather lay the smack down on some jabroni yourself, both promotions offer training.
- Join a fraternal organization like the Elks or Odd Fellows for cheap drinks/meals, camaraderie, and old school cool – all for a good cause.
- Explore the amazing Vernal Pools of Mather Field – an endangered habitat.
- Check out – or offer your services – at the Oak Park Fix-it Café, a community-powered gathering for repairing and maintaining bicycles, clothing, household items, and the ties that bind a healthy community.
- Buy some tricks, attend magic workshops, and become the next David Blaine at Grand Illusions.
- Go watch some horseracing at Cal Expo. It’s harness racing from November through April and then traditional horseracing during the state fair. Want to end up with small fortune at the end of your day at the track? It’s easy. Just start your day there with a large fortune.
- Take in a sultry and sexy burlesque show from these local troupes: Midtown Moxies, Siren Academy, The Darling Clementines.
- Learn about wild edibles in the area with the Sacramento Foragers.
- Live your Hunger Games fantasies at the Discovery Park Archery Range and Wilderness Archery in Rocklin.
- Watch some high school football! The Sacramento region boasts some of the best high school programs in the state. Check out top notch teams like Grant, Elk Grove, Folsom, and Del Oro to see potential NCAA Division 1 and NFL players of the future.
- Watch some college football! Sac State had a huge resurgence in 2019 and UC Davis has always had a solid program. You can also check out the JC teams such as ARC and Sac City.
- Learn about bizarre and fascinating surgical implements of the past at the Sierra Sacramento Valley Medical History Museum. Entry is free.
- Partake in Mike Tyson's favorite hobby with the Fort Sutter Pigeon Racing Club.
- If Live-Action Role Play (LARP) floats your boat, Sacramento Valley Amtgard has the battles, weapons workshops, and skills classes you've been looking for.
- Take a ride on the Sacramento River Train. You can ride the train or power along the tracks yourself with railbikes. They have different train excursions, including beer tasting and wine tasting trips. If you want to book a trip on a weekend, book early.
- Want to learn how to fish? Try Fishing in the City from the California Department of Fish and Wildlife. After you’ve learned, check out the blog from FishingBooker on where and when to go fishing and what to expect. For some recent local recommendations, check here, here, here or here.
- If fishing tours are more your style, catch your lunch on a guided fishing tour of local waterways.
- Take in a play at one of Sacramento's smaller, edgier, more contemporary community theatre companies, like the Big Idea Theatre.
- Take acting classes from acting coach to the Sacramento stars, Ed Claudio. If comedy is more your thing, try taking a class at Sacramento Comedy Spot or STAB! Comedy Theater.
- Of course, if you just want to drink and watch comedy, there are several clubs in the area, offering both local and national touring comedians.
- If movies are your thing, check out the only drive-in theater in the area.
- Enjoy some dirt cheap entertainment with one man band Winko Ljizz at the Acoustic Sanctuary.
- Party down and help kids with the Women's Active 20-30 social club.
- Take a tour or attend an event put on by the Old City Cemetery Committee.
- Do you like beer and visiting breweries, but don’t like driving between them? Midtown Sacramento has got you covered! Make a day of it by visiting these breweries, all within easy walking distance of each other: At Ease, Sacrament, Big Stump, Golden Road, Fieldwork, and Alaro. If you don’t mind walking a few extra blocks, you can add Device and Urban Roots to the list.
- Visit a cidery at Two Rivers Cider in Land Park or a meadery (honey wine) at Strad Meadery in Rancho Cordova.
- I don't know any chess puns to make here, but if you're into chess, you should join the Sacramento Chess Club.
- Join a pickup basketball game at one of Sactown's best streetball courts.
- Join a running club. Sloppy Moose Running Club does a three-mile fun run at New Helvetia Brewing on Thursdays. Fleet Feet Sacramento Run Crew meets every Tuesday at Sac Yard Tap House for a three-mile walk or run.
- Attend Wonk Wednesday, where policy wonks, planners, developers, urban designers and concerned citizens partake in an ongoing conversation about smart growth, urban planning, and climate change.
- Enjoy your favorite horror flicks in a whole new way with Amber's Sweets – one of the nation's premier shadow casting troupes.
- Attend a conversation hosted by California Groundbreakers – you’ll hear interesting people talking about interesting things.
- Do you need a heavy dose of tranquility? Stroll around the UC Davis Arboretum for an afternoon and take in all the flora and fauna. If you really love flowers, you can also visit Horton Iris Garden in Loomis (open April and May only) or Amador Flower Farm in Plymouth.
- Ever wanted to learn to sail, kayak or row? You’re in luck! The Sac State Aquatic Center offers lessons for those activities and more.
- Antiquing never gets old, right? Visit Midway Antique Mall in Citrus Heights (focusing almost solely on midcentury wares), Antique Trove in Roseville, or the Antique Fair that happens every second Sunday on X Street, under the freeway.
- Take butchering classes at Taylor's Market and become the master of meats.
- Learn to prepare fabulous meals at home with cooking classes at Good Eats or Sac Food Coop.
- See 1500-4000 year old petroglyphs, rock art, and grinding holes at the Maidu Museum and Historic Site in Roseville.
- Take the plunge at SkyDance Skydiving in Davis. If you want the skydiving experience without actually jumping out of an airplane, try iFly in Roseville.
- If you'd rather fly the plane than jump out of it, take pilot lessons at Sacramento Executive Airport.
- Produce and broadcast your own TV and radio programs at Access Sacramento.
- Play that weird sport you always watch when nothing else is on during the Winter Olympics with the Wine Country Curling Club at Skatetown in Roseville.
- If playing weird sports on ice isn’t your thing, partake in a weird sport on dirt and grass with the Sacramento Cricket Association.
- For more normal sports, with a big time social emphasis as well, join one of the sports leagues at XOSO and make some new friends.
- Scratch that adrenaline itch by going bungee jumping.
- Join a local car or motorcycle club.
- Take a walk along the Sacramento River Deep Water Ship Channel after parking at the Barge Canal Access near the port.
- Become a kingpin…of the lanes! There are plenty of places in the area to go bowling: Capitol Bowl in West Sacramento, AMF Land Park Lanes in Land Park, Punch Bowl Social Sacramento next to the Golden 1 Arena downtown, Country Club Lanes in Arden-Arcade, Bowlero North Sacramento in North Sac, Steve Cook's Fireside Lanes in Citrus Heights, Strikes Unlimited in Rocklin, or Foothills Bowl in Auburn.
- Be amazed or creeped out by more than seven million living and dead insect specimens at the Bohart Museum of Entomology in Davis.
- Take your 4x4, dirtbike, or ATV off-road at Prairie City SVRA
- If motorcross is your bag, hit the track at Prairie City MX (private track) or Riverfront MX Park in Marysville. Rental bikes and lessons are available at both.
- Programmers, coders, entrepreneurs, makers, inventors, and those who aspire to be one of these: find workspace, resources, meet-ups, and classes at the Hacker Lab..
- Pub crawls are the past, The Brew Bike is the present. Just ask anyone here. This sub loves the Brew Bike!
- If you would rather pedal over water than on land, try The Brew Boat.
- Get into a duel at Sacramento Sword School or the Sacramento Fencing Club.
- Exercise your 2nd amendment rights on the ranges at The Gun Room in Elk Grove or The Gun Range. Rent one of their hand cannons or bring your own.
- Build superior intelligence (or some sort of contraption to feed your cat for you) with the Sacramento Area Robotics Group.
- Play a round of Citizens of Catan and enjoy a tasty brew with the Beer and Board Game group.
- Go see the cool animals at the Sacramento Zoo. Bring the kids and make it a full day out with a visit to Fairytale Town or Funderland Amusement Park as well.
- Go on a walking food tour with Local Roots Food Tours.
- Buy some gold pans or a sluice box and head for the hills to pan for gold, just like those that first came to the area.
- Join a cryptocurrency group.
- If you don't wanna work and just wanna bang on your drum all day, Sacramento Taiko Dan can help.
- Want to become the next Picasso? You gotta start somewhere, so take a paint and sip class at The Painted Cork in Midtown Sacramento or Historic Folsom.
- It’s well known that you can play miniature golf at Scandia, but did you know that there are indoor mini golf courses in the area as well? Try SacMiniGolf in Old Sacramento, Flatstick Pub in DoCo downtown, or even glow-in-the-dark indoor mini golf at Monster Mini Golf in Rancho Cordova or at CaliGlo in Elk Grove.
- Learn how to manage your mind with Sacramento Insight Meditation.
- Play some poker at any one of several local card rooms.
- Race your RC cars (or rent one) at LSR Speedway in Sacramento or Speedworld in Roseville. Slot cars run at Fast Track Hobbies in Rocklin.
- Find cool stuff that other people lost with the Sacramento Metal Detecting Buffs. Or learn to dive and see if you can meet up with u/Merman_Mike and find stuff at the bottom of rivers or lakes.
- Visit tribal-owned Seka Hills Olive Mill in the Capay Valley to taste local olive oils and honeys as well as getting a tour of the mill itself. Check to see if there is an active Groupon before going.
- (NSFW) Take it all off and strut your stuff at Gold Club Centerfolds Amateur night for a chance to win $450. Sorry guys...this is for ladies only.
- (NSFW) Men and women, if you just like walking around naked in general, let it all hang out at Laguna del Sol nudist resort in Wilton.
- (NSFW) Find someone to get freaky with at an Allures Lifestyle swinger party.
- Make Mr. Miyagi proud by joining the Sacramento Bonsai Club – the oldest bonsai club in the United States.
- Make something quaint and take a selfie next to that giant needle flagpole thing at the Meissner Sewing & Learning Center
- Grab your binoculars and admire the hundreds of native bird species in the area – as well as those passing through via the Pacific Flyway – at several recommended locations.
- Find true love, or just someone to do all these activities with, at a local singles event.
- Rent a raft with River Rat or American River Raft Rentals, or grab some crap from the pool, and participate in a favorite Sacramento pastime by floating on the American River.
- For a more invigorating river experience try a whitewater tour
- Do a free, self-guided tour of Sacramento history via Anytime Tours, an app and project of the Center for Sacramento History, City of Sacramento and Sacramento History Museum.
- Take a coffee-tasting class or brewing/barista class at Chocolate Fish Coffee Roasters.
- Explore the fascinating world of orchid collecting (seriously, this hobby and the people who pursue it are crazy interesting) with the Sacramento Orchid Society.
- Race go-karts at K1 Speed in Sacramento.
- The Sacramento Cactus and Succulent Society meets, and hosts a talk, at the Shepard Garden and Arts Center in McKinley Park monthly and welcomes guests. They also do field trips and their Annual Show and Sale is a must-see event for plant lovers.
- Take a relaxing cruise on the Sacramento River aboard the Hornblower Yacht.
- Go on a scavenger hunt with Urban Adventures Quest, Sacramento Scavenger Hunt, or Let’s Roam. For a cool, unique hunt using your bike and finding stickers around town, follow Sacramento Bike and Seek on Instagram and be on the lookout for their free adventures.
- Blow something long and hot in the glory hole at Sacramento Art Glass.. Classes are available.
- Shoot your dinner on a guided hunting tour. Potential targets include ducks, geese, turkey, quail, and deer.
- Check out some of Sacramento’s murals or see muralists in action during Wide Open Walls, a yearly event.
- Take a guided tree tour with the Sacramento Tree Foundation.
- Admire the heavens above with the Sacramento Valley Astronomy Society. You can also take a drive up to Placerville and visit the Community Observatory for free (although they do charge $2 for parking).
- Explore the history of pharmacy in California at the Don and June Salvatori California Pharmacy Museum.
- Did you know an "extreme sport" was invented in Sacramento? While the Z-Boys were taking skateboarding to the next level down in Dogtown, Launie Porteous and Mark Robinson were pioneering flatland (or "inland") skimboarding right here in the River City. Buy yourself a board or make one and give it a try pretty much anywhere you can find shallow water. Paradise and Discovery beaches along the American are this sports' ancestral home.
- Mellow out at a kava kava bar with locations in Rancho Cordova and Davis.
- Get the willies watching one of the largest Mexican Bat colonies on the west coast take to the skies at a Yolo Bypass Wildlife Area Bat Talk and Walk.
- View some famous bikes and learn about their riders at the US Bicycling Hall of Fame in Davis.
- See Sacramento's drag queen scene at Faces or Badlands.
- Take a scenic horseback ride around Lake Natoma led by Shadow Glen Family Stables.
- Hang out with feral chickens (yes, chickens!) at Fair Oaks Village Park. In the summer, you can watch live music with said chickens at their summer concerts in the park series.
- Not to diminish the concert series at Fair Oaks Village Park, but when you hear "concerts in the park", everyone knows that is the Concerts in the Park series in downtown Sacramento. Live local and national acts perform on Friday evenings in the summer, and it’s totally free. If you’re not good with crowds you may want to give this a miss because it is packed!
- Vacation or day trip so close, yet feel so far away, along the Delta. Rent a boat, jet skis, a cabin or camping spot, buy some bait and tackle, and/or eat out at various locations on the river.
- See model railroaders in action once a month at the Sacramento Model Railroad Historical Society. For the real thing, check out the California State Railroad Museum. Both are great for kids or your inner child.
- Get into the sweetly rewarding hobby of beekeeping with a starter kit and guidance from Sacramento Beekeeping Supplies. Once you’ve got your kit, take a beekeeping class in Davis.
- Brew yourself a batch of beer goodness with classes and supplies from various home brewing stores in the area.
- Go wine tasting at a couple of the closest wineries to Sacramento: Frasinetti and Old Sugar Mill.
- Think you’re good at solving puzzles and mysteries? Try one of the many escape rooms in the area.
- If you’re one of those folks that thinks you know everything, see how you stack up in one of the various pub trivia games.
- Go see the highest freestanding bridge in California. Bonus: there’s some good hiking in the area as well.
- Take a drive around the world’s smallest mountain range: the Sutter Buttes. You can actually drive around and hike the Sutter Buttes in the same day, however hiking is not free, you must do it as part of a guided group and you have to reserve a spot in advance.
- Walk or mountain bike Sacramento Valley Conservancy’s Deer Creek Hills Preserve. All visits must be part of a pre-scheduled outing so plan in advance.
- Drive to Rio Vista via the only two ferries that are actually part of the state highway system.
- Catch a free lunchtime concert every Wednesday at Westminster Presbyterian Church downtown. You can bring a bag lunch!
- Go to the top of the Memorial Garage on the corner of 14th and H for some nice views. Watch the sunset or visit on a nice clear night.
- Explore some of Sacramento’s nature preserves. Start with Effie Yeaw and Cosumnes River. Camp Pollock is another one, but unfortunately, it is not in the best of areas.
I had a class this semester called Impact of Technology. It's part of my core courses for civil engineering. Basically the course covers topics related to the advancements of technology and the repercussions due to that. One of the requirements was to write a paper illustrating a criteria or list of reasons why you are adopting a new technology. I chose Bitcoin obviously! The professor for this course is a dinosaur when it comes to any sort of recent technology, especially computers. I think he still uses Windows 98. With this in mind I had to approach the paper with the most simplistic explanation of what Bitcoin is and why I chose to adopt it. Also, one more thing to be mindful of, this paper was written in late March during the Cyprus fiasco and before the big bubble popped. Hopefully this can help some newbies understand Bitcoin better and give them an incentive to join. Here is the paper: Bitcoin, A Mine of Internet Gold
Try to imagine a global currency that is not controlled by a central authority like governments or banks. Some people might find that hard to conceptualize. You may be asking yourself, "how can the whole world population use one currency?" That question has many answers. One of them is; through the use of internet technology and advanced programming algorithms. Bitcoin aims to use a combination of internet peer-to-peer (P2P) technology and an extremely secure algorithm that is metaphorically a mine of internet gold. "Bitcoin uses peer-to-peer technology to operate with no central authority; managing transactions and issuing Bitcoins are carried out collectively by the network. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment systems." This means that one can use Bitcoins to send money to anybody in the world almost instantly. There will be no more waiting for bank transfers and excessive bank wire fees. Bitcoin is like virtual cash money of the internet and you can use it to buy anything while remaining anonymous just as you would with cash. "Bitcoin is a currency, a protocol, and a software that enables instant peer to peer transactions, worldwide payments, low or zero processing fees ,and much more!" I have already bought some Bitcoins and the following criteria will explain why.
But before I tell you why, you need to understand what Bitcoins are on a basic level and I feel the best way to explain that is to think of Bitcoin as internet gold. Bitcoin is essentially a computer algorithm that acts as a mine. This mine is a collection of encrypted computer code with addresses that point to areas with internet gold or none. In order to get the gold out of a mine miners are needed to dig away and sift through the rubble. For Bitcoin, miners are also needed but instead of digging and sifting through rubble they use computers to hash away through complicated mathematical equations in order to decrypt the internet gold mine and obtain Bitcoins in return. Once Bitcoins are discovered the entity that discovered them can claim them and either use them to buy something or sell to somebody who wants Bitcoins. The people that make up the Bitcoin network are free to trade Bitcoin amongst one another for services or goods. Like gold the quantity of Bitcoin is finite. There will never be more than 21 million Bitcoins ever mined due to the protocol limitations.
This leads me to the first point in my criteria for why I'm buying Bitcoin, scarcity. Currently approximately 10.957 million Bitcoins are in circulation. Bitcoin's algorithm makes it harder to find them as more are discovered. In other words it becomes more and more difficult to find some and miners require more effort in order to carry out the mathematical equations required to earn coins. In 2025 90% of all Bitcoins will be mined and 100% of all Bitcoins will be in circulation by 2140. The algorithm determines the monetary inflation path ahead of time and is determined by unchangeable mathematics. Bitcoins that are lost to misfortune, like forgotten passwords, failed hard drives with no backup, etc, are lost forever and extremely improbable to recover. This also means there cannot ever be counterfeit coins. Thus, Bitcoin is the world's first, truly monetarily deflating currency.
That brings me to the next criteria which is Bitcoins divisibility. Each Bitcoin is divisible to 100 million base units called "Satoshi". That gives us a total of 2.1 quadrillion monetary units which is a sufficient supply to support a global economy. As Bitcoins become more scarce through attrition it is possible to mathematically "split" Bitcoins to increase the monetary base without creation inflation, it's very similar to splitting a stock. This way as the value of the Bitcoin increases people can still trade it using smaller monetary units so it is convenient.
A requirement of money is that they be durable. Good monetary units are not perishable like produce. Bitcoins are extremely durable because the algorithm keeps an accounting ledger of all transactions ever made over the network and cryptographic keys (that give everyone the ability to spend their Bitcoins) are distributed to hundreds of thousands of servers, networks, computers, and users around the world.
Money should also be portable and Bitcoins are highly portable in a variety of ways. You can access your Bitcoins over an internet connection, in paper wallets, physical coins and a concept called "Brain Wallets". If you have your cryptographic key and password memorized in your head then you can travel around the world and recovespend those Bitcoins from any computer where you feel safe. The best part is that the amount of money you can travel with is unlimited.
To add to the criteria Bitcoin is 100% transparent because it is a peer-to-peer network. There are no secrets inside the software or how it works. Everything is entirely auditable and verifiable because the protocol is 100% open source and can be viewed by anybody. This gives me great trust in the system because they are not trying to hold anything privately like banks or governments do.
Another reason I have Bitcoins is because they are anonymous to a certain degree. Bitcoin accounts are simply cryptographic keys that can be created at will and have no requirement to be registered with any entity. You can create a Bitcoin "account", spend money to it, and never have to reveal the who the owner of those keys are. This makes it very similar to cash money.
Further adding to the criteria is that Bitcoin is extensible. The Bitcoins protocol is highly extensible and it harnesses limitless capabilities and innovations that can be added. Some examples of these are auto executing contracts, escrow services, inheritances, etc... This means that as Bitcoin progresses and more uses become desired for it, extensions to the protocol can be added whenever.
Most importantly comes the attribute of value and Bitcoin has accumulated a significant amount of it since 2009 when it first started. In the early stages of Bitcoins it was quite easy to discover coins and the concept was not yet widespread so the value was as low as 0.05$ a coin. Yet over the years as scarcity and public awareness increased the Bitcoin has climbed to approximately 80$ a coin at the time of this writing. With the price increasing towards a market capitalization of almost 1billion dollars Bitcoin is becoming more mainstream.
People are turning to Bitcoin because of currency instability and losing trust in their banks. A good example of this can be seen in the Euro economic crisis currently unveiling; many Europeans are losing faith in their banking system and are turning to alternate currencies controlled by themselves. This is but one of the reasons why the value has grown so much. I find it best to look at the key similarities that Bitcoin has with precious metals that give them their ultimate value:
- Neither have a governing body/central authority that can produce them in unlimited quantities.
- They are both a limited resource (Gold by it’s natural occurrence in the earths crust and Bitcoins by the algorithm which controls the number created).
- Both will be harder and more expensive to mine over time (Gold due to decreasing grades and rising input costs, Bitcoins due to increased competition, technology advances and the reducing number created until peak 21m reached).
- Precious metals and Bitcoins are both seen as a threat to official currencies and are likely to see action as a result (more regulation).
That being said I will keep buying more Bitcoins due to the above mentioned criteria consisting of the important attributes that I believe will make Bitcoin the very first mainstream online global currency technology. It's scarcity gives it the characteristic of being finite in quantity so only 21 million coins will ever be in circulation. It's attribute of almost infinite divisibility gives it the ability to still be usable as the value of the Bitcoin rises. They are extremely durable, impossible to counterfeit and easily portable to anywhere in the world. It is anonymous just like cash money so you can spend your money freely. The protocol is 100% open source so you know that the developers are not hiding anything from users. The most important reason why I'm investing in this currency is because of the potential store of value. I believe that Bitcoins are the currency of the future and that one day a significant amount of global trade will be paid for in Bitcoin. I've already quadrupled my initial investment and I'm confident that it will continue to grow.
References:  Bitcoin, Project. "Bitcoin." Bitcoin Foundation. Bitcoin Organization, n.d. Web. 27 Mar 2013. http://bitcoin.org/en/
.  Bitcoin Charts. "Bitcoincharts" Bitcoincharts. Bitcoincharts Organization, n.d. Web. 27 Mar 2013. http://bitcoincharts.com
.  Global, Macro. "Bitcoin Bubble or New Virtual Currency."macrobusiness. 25 Mar 2013: Web. 27 Mar. 2013.
. If you found this helpful in anyway and you`re feeling generous please donate
XRP: r4CUaRNYak7XLjr9Z4Ds55v4JpZjhkQWKo Also, if you're bored, check out a project my friend and I have been working on
- negocoin For those interested in the grade I got on the paper:
I got an A (lost marks for various punctuation mistakes and some grammar. Hey, I'm in engineering not English!)
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