Investing in Cryptocurrency: Do or Don’t? | Bostonia
Why are people mortgaging homes to buy Bitcoin, the digital currency created in 2009 that skeptics regard as just “a bunch of ones and zeroes floating around the internet”?Because get-rich-quick dreams are endemic. Bitcoin began 2017 worth $1,000 per coin, but closed the year at more than $19,000. Other so-called cryptocurrencies—digital currency that is sent and received electronically—are also soaring in value. Entire nations, notably Russia and Venezuela, say they’ll issue their own cryptocurrencies. But South Korea is considering banning trading in the currencies completely, fearing citizens will lose their shirts speculating...