29 Nov '17, 11pm

Thinking of buying bitcoin? Read this first

It is plausible to believe that bitcoin has had a faster rise in value than any asset in history. The $11,000 per bitcoin it passed on Wednesday compares with a value of less than half a cent when a Florida programmer paid 10,000 bitcoins for two pizzas in May 2010—a percentage gain of more than 250 million. The attention the cryptocurrency is getting raises plenty of questions, mostly about whether the mania behind bitcoin’s 10-fold gain this year will end in a crash.

Full article: https://www.wsj.com/articles/what-is-bitcoin-not-what-you...

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Subscribe to the FT to read: Financial Times Bitcoin crosses $10,000 threshold for first time Make informed decisions. Bec...

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