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?