Bitcoin is a virtual currency that uses a cryptographic encryption system for transfers and payments. Despite seeing Bitcoin as a bubble, I believe in its almost uncrackable mathematical formula and algorithm, as well as its distributed approach to managing Bitcoin miners. Bitcoin believers say this is the future of the financial system. Is Bitcoin the currency of the future? In my opinion, the high volatility of Bitcoin and other cryptocurrencies indicates it’s not worth taking into mainstream financial markets yet.

Source: Manila Times January 24, 2018 16:18 UTC