Is it a good investment?
Stanford and Princeton say bitcoin has volatility seven times greater than gold, eight times greater than the S&P 500, and 18 times greater than the U.S. dollar. My answer:No.
Some of the hype tossed by Bitcoin sellers include:
Buy bitcoins with your IRA
Seriously? Sure, reverse mortgage your house while you’re at it…
Still, some people will buy it as an “investment.” In my opinion, Monopoly money is safer.
Eulogy made by: John Lohr