DISCUSSION: Should you invest in Bitcoin now?
Bitcoin is a digital or cryptocurrency, so you can’t carry it around with you. But you can use it to buy and sell things. Part of its appeal has been the fact that it operates independently of any central bank.
For some it’s becoming a hedge against global market volatility and here at home it could protect against volatility in the rand. Maybe a way to avoid exchange controls. Looking at history it’s a great bet.
If you had invested 100 dollars in bitcoin in 2011. Earlier this year your investment would have been worth half a million dollars.
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