Couch Chat: Bitcoin, Is It A Boom Or Bust?
Bitcoin, boom or bust?
We have to start with the digital currency that’s so popular.. hackers tried to hit Mecklenburg County twice! this morning, Bitcoin is giving investors whiplash! It hit a record and soared past $17K Thursday. But overnight, it fell $2,500 in less than four hours. If you believe the hype, Bitcoin is supposedly the next big thing in tech. Back in 2011, it was less than a dollar. It started this year below a thousand dollars but last week shot passed 10K.
Now economists are paying attention!
Some describe the rapidly growing currency as unstable but others say it’s only up from here. We ask you… Here to stay or doom to fail?