content: I am going to disagree with the speaker in this video. Although the speaker does have a point that China's economy has taken a hit over the past few months, the economy is not headed for a economic downturn. Housing right now, and general building is up overall and so is consumer confidence. Oil and commodities are down, however, this is primarily due to hyperextended inflation brought on by the manipulation of Chinese currency and, even though the global economy might see a continued devaluation on oil, the price will eventually level off. This of course is seen as a positive to the consumer who has been taking advantage of these low prices, I see hummers all the time now. As for the speaker's position regarding Bitcoin. Yes companies have adopted use of the currency, however, if you look at the primary bank that Microsoft, Dell, Overstock use... you will find that that Coinbase.com actually guarentees them the price per coin at the exchange rate point of sale. This means when you buy something it imeadiately goes from BTC to USD companies are not investing in Bitcoin they are using it as a prop. Bitcoin does have a finite availability at 21million but it also lack legitimacy. The IRS does not accept Bitcoin and neither do any other foreign governments. There are payment based institutions that do exist to help convert Bitcoin into cash but they are regulated to the point it becomes almost impractical for the mass consumer to get behind.  Bottom line: Its a niche market, invest in stock. The Dow was down 1200 points Monday and that was a perfect time to buy. If you look at stocks by the end of friday they were up almost 20 percent of Monday's prices - simple market correction.