Exciting, mysterious and highly volatile, Bitcoin is hard to ignore after the decade it just had. The cryptocurrency has demolished the stock market, the housing market, precious metals and other common investments since its emergence in 2009. But the 2010s were also a roller coaster of extraordinary highs and lows for Bitcoin, not to mention scandals in the crypto world, frauds, scams and increased heat from regulators. Is Bitcoin a good investment or a dangerous speculative bubble? GOBankingRates asked the experts for both sides of the digital coin.
Mark Cuban: ‘Bitcoin Is Exactly like the Dot Com Bubble’
Pro: It Has Lots of Benefits Over Regular Currency
Privacy is Bitcoin’s biggest advantage over traditional financial transactions. That, along with its loose regulations and exchange-rate perks, makes it a medium of exchange whose popularity shows no sign of waning.