Is Bitcoin a Good Investment?

For some time, we have seen some stability on the Bitcoin price, and a large belief that even the volatility was seemingly decreasing was starting to be accepted by many people. But yesterday, an enormous collapse on the Bitcoin price made this conviction go away.

Despite its speculative nature, bitcoin is emerging as a viable alternative asset class for institutional and retail investors alike. It has an immense amount of investment potential and is unlike any investment product in the world today.

Investing in bitcoins offers exposure to a global technology used by thousands of companies across dozens of sectors worldwide, and the ecosystem is only growing giving it a wide range of investment and business opportunities.

The blockchain is a trustless, decentralized, public ledger where all transactions in the network are verified and permanently registered. The blockchain stands as immediate, incontestable proof of all transactions and creates a permanent, immutable database.

Blockchain’s applications have the potential to stretch far beyond bitcoin, and companies and individuals are already leveraging the technology to modernize key products and services across a variety of industries. Remittances, payment processing, personal banking, auditing, secure data transmission, information hashing, securities settlement/clearing and traditional financial

Read more ... source: NewsBTC USA