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Bitcoin = Money, Commodity, or Shares?

December 16, 2017

QUESTION: I read your article on Bitcoin. I found it fascinating that defining what it is changes everything. You did not actually say what you thought it was, money, stock, or a commodity. Curious as to what you would classify Bitcoin as. All the best ANSWER: The definitions I presented are from the government perspective […]

The Practicality of Cryptocurrencies – Not Really Ready for Prime Time

December 16, 2017

Trying to actually use Bitcoin in the economy is anything but something that will replace any government currency. The transaction fees are outrageous typically 3 to 4 times that of a cash withdraw from an ATM. In this video, a journalist tries to actually use Bitcoin. The pizza ends up costing him $76.16 and the fee […]