Post
Topic
Board Economics
Re: Is bitcoin a good way to invest your money ?
by
PedroLinh
on 02/10/2017, 05:02:49 UTC
Bitcoin has reached all new heights, attracting the interest of investors and non-investors alike. Many people are more interested in trying to snag a piece of this crypto-currency’s astronomical gains than really enjoy the unique attributes of an anonymous digital money. Bitcoin is a digital currency, which means there are no actual coins or paper money representing it. It was started anonymously in 2009, and exists completely electronically. The interesting thing about this is Bitcoin has no real intrinsic value. Another important reason Bitcoin is taking off is many businesses are warming up to Bitcoin, both online and off, and accepting it as a form of payment for their products and services. The more companies that accept Bitcoin, the more utility it has, and therefore the more valuable it is likely to become.