Academy Blog

WHAT IS BITCOIN AND SHOULD YOU INVEST IN THIS DIGITAL ASSET?

[fa icon="calendar'] Jul 18, 2016 12:19:53 PM / by Robert Brinkman posted in Non-traditional investing, Bitcoin, virtual currency

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WHAT IS BITCOIN? WHO CONTROLS IT? SHOULD YOU INVEST IN IT?

We answer these questions and more in our video blogs below

On May 6th of this year I released a couple of video white boards discussing Bitcoin.  I’ve been talking about it for several years and always get a varied response from people.  Some look at me a bit odd, as if I just stepped out of a Star Trek reunion party, still wearing Mr. Spock ears.  Some find it interesting, because they already have a bent toward non-traditional investing, like physical gold or option and commodity trading.  Others simply pay attention, because they trust me and know that I don’t have an agenda; that I want to educate people on the financial and economic layers that aren’t peeled back by the typical Wall Street broker.

When I first did a comprehensive write-up in February 2015, Bitcoin was trading at $253.  At the time of my videos six weeks ago, Bitcoin was $452.  On Monday June 13 it hit a two-year hign trading above $700 (click here to see where it is currently trading). Why the run up?

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