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Board Beginners & Help
Topic OP
Possible drawback on using Crypto currencies?
by
Kprawn
on 25/05/2014, 11:45:24 UTC
Ok...

Explain this to me, if I am missing the point here or not.

If I have $100 back in 2009 and I kept it in a bank, I would have received interest.  {insert someone with the knowledge of the average interest rate for small deposits since then} Do the calculation for us, with accumulated interest.

Then I invested the same $100 in 2009 in Bitcoins. What would my returns be in today's valuation?

What would have been the better investment? {Would surely be "Bitcoins"... but with how much compared with accrued interest, month on month}

Let's see, who can work this out, best.