1 Where’s Bitcoin Going?
No one knows what’s going to happen to bitcoin in the future. The cryptocurrency is obviously seeing a spike in attention and popularity right now, which might bode well for the near future. But its longevity as a long-term investment option or means of transactions is totally up in the air.
That’s especially true since it’s decentralized — and isn’t protected by any one body or government. If people start selling off their bitcoin or lose interest in the cryptocurrency, its value will plummet. While that makes investing and buying bitcoin a gamble, it also means that it could be incredibly profitable depending on its future.