At times it feels like everyone is talking about bitcoin, whether it’s the bloke down the pub saying he might try and invest or the institutional investors scoffing at those foolish to invest their money in a digital currency. I’ve had countless emails from the general public and journalists asking what I think about bitcoin and whether they should invest. So this article is a response to that demand. I explain what exactly bitcoin is and discuss whether it is in a bubble or not.
What is bitcoinBitcoin is the most well known digital currency, also known as a cryptocurrency. It was created by a computer programmer called Satoshi Nakamoto in 2008. However, for reasons only known to Nakamoto he decided to disappear into obscurity in a similar fashion to Lord Lucan, but without the scandal, and there have been numerous sightings and failed searches to identify him ever since.
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