Bitcoin Mania: Even Grandma Wants In on the Action - News Summed Up

Bitcoin Mania: Even Grandma Wants In on the Action


Investment manias throughout the centuries have ranged from tulips to tech stocks to housing; is bitcoin different? Image/Video: Daniel EpsteinRita Scott’s grandson convinced her in mid-November to get in on the latest investing sensation and buy bitcoin. “I thought it was a big coin,” the 70-year-old said. “I didn’t even know what it was, a piece of coin? Why would I invest in a piece of coin?”With a few hundred dollars of her money invested in it, Ms. Scott quickly caught on and started checking the price several times a day, even while playing poker at a casino in her hometown of Las Vegas.


Source: Wall Street Journal November 29, 2017 23:04 UTC



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