Should you buy Bitcoin?
"Should I buy Bitcoin?" This is a question I've heard a lot the past few weeks, so I'd like to quickly answer it in a public forum. My official answer is: "You should spend no more on Bitcoin than you'd be comfortable putting into a Vegas slot machine." As far as I'm concerned: Bitcoin is not an investment . Bitcoin is a speculative, risky commodity gamble . If you do choose to put some chips down, remember that Bitcoin (BTC) can be subdivided up to 8 decimals places. Although fees make it difficult to trade very small amounts, you can easily trade down to 0.001 BTC, which at publishing time is worth about $15 US Dollars (USD). So at least you're not required to put a large amount of money at risk to play the game. Coinbase, one of the largest Bitcoin exchanges (where you can trade "real money" for Bitcoins) recently sent out an email: "Please invest responsibly." This might as well read: "Pleas...