Quote:
Originally Posted by jscott
Bitcoin can be bought and sold every single day as a good investment or bad, depending on how low/high you buy, and how low/high you sell.
As investment opportunity everyday and all day to make it good investment or bad
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I had never done any reading about Bitcoin, and have just done a little research. The US Treasury has called it a "a decentralized virtual currency" (per Wikipedia). I presume that's an accurate description, so if it's a currency, how is it an investment vehicle? And if it's an investment vehicle, how can it be a currency? Or is it essentially--vis-a-vis the US dollar--a foreign currency that fluctuates freely, just as yen or pounds or Euros do?