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humorist-workshop
Bitcoins
Lately all you hear about on the news is "bitcoins!" I read a little about them and how real stores take bitcoins as payment now, but I don't know about trading real money for something that just seems "made-up" if you know what I mean? I am a girl and I don't know much about these things but if anyone can help me understand if I should put some of my savings in bitcoins I would thank you very much!
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Maybe give some free advice about: Personal Finance?
The big banks are secretly panicking because they know that their entire monopoly could be brought down on their heads, so they'll do their best pretend like it doesn't bother them all while using regulatory bodies to do their dirty work behind the scenes. But if one government tries to block it, another will embrace it at the expense of the other country's ability to fast track innovation and economic growth. Essentially they'll have to learn to work with crypto or they will be crushed by it.
And what about token? Good catalog is here: [Link](Mouse over link to see full location) maybe someone will find it useful.
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All money is made up.
Just so you know - All money, totally "made up". Humanity invented in roughly 2000 BC to represent goods that were being stored, or were in transit. Lots of places kept using the barter system (lots of places still use barter systems) but money is a human invention and idea. It doesn't exist the way, stones or trees exist. It's a complex system we invented, and we support and maintain. Your money is only as secure as the complex international systems that keep the system in place.
Bitcoin isn't the first alternative currency to be invented, it's just one of the first to really catch on in the digital age (outside of an MMO.)
Should you put some of your savings into Bitcoins? You could, but I don't think there much reason too beyond the fun of it at this point. Bitcoin's is really volatile, and I think it's an inflated market, although smarter people than me may disagree. If there is a new alternative currency world developing, I don't think Bitcoin is going to come out on top in the end. I think it's going to be the Betamax, not the VHS, of the new era.
In the end, you can do a lot of learning and reading about Bitcoin if you'd like, but I think unless it's something that really fascinates you, I don't think there is much reason to jump onboard with it right now.
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