Bitcoins Are Digital Collectibles, Not Real Money

In case there is any doubt after yesterday’s market action, Bitcoins are not money.  They also can never be money, in the sense of providing an alternative to the U.S. dollar for operating the U.S. economy.  Rather, they are “digital collectibles,” the cyber equivalent of rare postage stamps.

Read Full Article »
Comment
Show commentsHide Comments

Related Articles

Market Overview
Search Stock Quotes
Partner Videos