The enthusiasm over bitcoin’s rise this year has fed on itself, drawing in new investors and sending the price ever higher. But that enthusiasm — ebullience, even — may also present the cryptocurrency’s current biggest risk. Part, if not all, of bitcoin’s (BTC-USD) appeal for many investors is that it’s seen as a store of value. That is, it has value because it’s perceived to have value. While longtime bitcoin buyers may believe the cryptocurrency will become a valid alternative currency,… Source link
Read More »One of Bitcoin’s biggest strengths could also present its biggest risk
