The bitcoin, the mysterious value created by mathematicians on internet is gradually conquering the real economy. Bitcoin frees itself from the dark side of the Web and settles in everyday life you can now easily find it thanks to special distributor and exchange office or buy with it in certain shops.
If this virtual money start to attract the common man it because of its value that keeps breaking new records. For example at the beginning of the month it was worth 7.392 dollars while it was “only” 5,247 dollars two weeks earlier and just 800 dollars in January 2017.
The bitcoin is starting to be popular not only because of its value, it has the main characteristics of a currency, namely portability, divisibility, security and relative reliability. It has intrinsic value and seems to be able to solve the problem of trust in banks and their costs. Relative anonymity seems to be another advantage. Recently, it is the cryptocurrency most used by start-ups looking for funding.
What can you pay with bitcoins ? This is probably the most asked question regarding the virtual money and the answer are just developing. You can rent a yacht in Monaco, you can pay any object at the San’t Agustino auction house in Italie and you can decorate you house thanks too special shops in Paris. Even the US group CME, one of the largest stock traders in the world, announced that it will offer derivatives to speculate on the course of bitcoin.
Bitcoin also has its bad ratings and detractors. The IMF Managing Director Christine Lagarde, like to remind that the current virtual currencies are “too volatile, too risky, too much energy-consuming”, as well as “too opaque for regulators”.
In any case, even bitcoin lawyers agree, the object remains highly speculative today so invest only what you are willing to lose.