investment

Why Bitcoins are the Dumbest Investment Ever

Is Bitcoin a bad investment?
It is not taxed, which can make it enticing as an investment opportunity. However, a lack of taxation could lead to problems should bitcoin pose as competition for government currency. As of now, cryptocurrency is not a widely accepted currency, but the future is ever-changing.

Mistakes When Trying to Understand Bitcoins

Cryptocurrencies, sometimes called virtual currencies, digital money/cash, or tokens, are not really like U.S. dollars or British pounds. They live online and are not backed by a government. They’re backed by their respective networks.