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Introduction to Bitcoin and Its Challenges

What if someone told you about an investment that has made some people millionaires overnight and has both a number of high-profile supporters and a global reach? Would you be tempted to invest? Now what if someone told you that the same investment also could lose most or all of its value almost overnight, and that you might not have access to your money when you need it? How does it sound now?

You’ve just confronted the debate surrounding the five-year-old digital phenomenon known as Bitcoin. An alternative currency that exists strictly as digital code, Bitcoin has received a lot of attention, especially in the last year. In part that’s because speculation in Bitcoin has resulted in wild gyrations in its value.

Is Bitcoin an investment? A scam? A network of computers? The future of currency? If you’re unclear on what all the fuss is about, log in to http://www.forefield.com for a brief introduction to just what it is, how it works, and what’s been happening in the Bitcoin world lately, as well as some of the potential pitfalls it presents.

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