Friday, 29 November 2013

Bitcoin: The Future of Money?

The Bitcoin emerged as an alternative form of money a couple of years ago and ever since then, many other forms of crypto currencies have seen the light and have been gaining a lot of value; just in January of 2013 one Bitcoin was worth about 15 euros, and now it is well over 800. But it worth a risk to invest in Bitcoins, Litecoins, Feathercoins and so on or just a passing bubble?

Early birds always have an edge; those who invested in Bitcoins a while ago, as well as in several other forms of alternative currencies have in some cases made true fortunes. But as in the case of the Internet a decade ago or so, values could grow out of proportion and develop into a speculative bubble.

Nevertheless, it is likely that these alternative currencies will survive and keep at least part of their value, so if you have some money to spare, after some analysis it might be worth considering to make some investments in this new arena.

Best of all is that you can actually create Bitcois, Litecoins and so on with your computer, so here you have some information about the topic.


No comments:

Post a Comment

Thanks for participating in Andinia blog!