When you buy a share or stock, you’re investing in a particular company you believe will continue to grow in the future. A computer mines bitcoins using algorithms that solve a series of calculations. I know from my own friends and family that many people are actively investing in cryptocurrency. If that’s you, then you should take the time-honoured advice of investing: tread carefully and be aware of the risks. In the words of my financial adviser “you just don’t need to take the risk that crypto represents.

Source: Stuff July 09, 2021 16:52 UTC