Who's Bought Bitcoin?
Ok, who's bought Bitcoin or any other cryptocurrency yet?
I finally took the plunge about two months ago or so and have been totally intrigued and hooked on this type of investing (if you can call it that).
When I first heard about Bitcoin roughly 3-4 years ago, I couldn't wrap my brain around the concept. I thought that it was a currency that was trying to replace the U.S. Dollar and make it extinct. I thought how in the world can a new currency just come into being without any kind of government support? What about all the people that currently have money in the form of U.S. dollars? Would everyone be broke now? I didn't realize that the value of a currency that could potentially replace the dollar would fluctuate in value more than what a U.S. dollar was currently worth. I didn't understand how Bitcoin could have value.