So ask yourself this simple question: If you could potentially turn US$2,400 into US$50,000 (a 1,983% gain) in 10 years, would that be something you’d want to invest in?
How long until it is at parity with bitcoin? It’s hard to tell, but at the pace it’s moving now, it could be as soon as the end of the year.
Sure, that’s not a seven-million-percent increase…but clearly the alternative currency is starting to gain some clout.
It’s not often that a completely new asset class comes along. These could be once-in-a-lifetime investing opportunities.
Bitcoin has passed the US$2,000 barrier for the first time. Will it continue? Find out..
Purchases of digital currency will no longer be subject to GST. Meaning the only time you’ll pay tax on your digital currency is when you spend it.
Blockchain apps are the single biggest opportunity for Australia to lead the world. The Big Four can adopt tech and revolutionise the global banking system.
Bitcoin isn’t the only coin of its type. There’s a whole world of ‘cryptocurrencies’ that you can buy and hold your wealth in.