Is Bitcoin an investment?

Bitcoin {BTC} Is it an investment?

New article likens investing in Bitcoin as “forex trading on steroids”

 

 

Bitcoin {BTC} – Is it really an “investment”?

 

I personally see Bitcoin as a Ponzi scheme, in the same way as national currencies are Ponzi schemes, I.E. not backed up with a tangible asset, namely gold, as they previously were.

 

A new article likens Bitcoin ‘invesmtent’ to “forex trading on steroids”, and it’s hard to disagree with that statement, IMO.

 

To read the full article please CLICK HERE

 

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http://www.thestar.com.my/business/business-news/2017/02/04/bitcoin-fast-lane-to-billions-or-bankruptcy/