Is Bitcoin an investment?

Wednesday, May 24, 2017

Bitcoin doesnt show any signs of going away. In fact, the growing hype about it just makes it more and more appealing to people. The problem is that most of us know so little about this new currency that were open to being exploited by those who see Bitcoin as an opportunity to make money from us rather than from Bitcoin itself.

So let’s start at the beginning. What exactly is Bitcoin?

Bitcoin is a currency, but it’s not like any currency we’ve seen before. With Bitcoin, there are no coins or notes, no bits of metal or paper you can put in your wallet or purse. This currency exists solely in cyberspace. It’s a digital currency, sometimes called a virtual currency or more often a cryptocurrency. ‘Crypto’ refers to the fact that Bitcoin transactions are kept encrypted online.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Nthaile misinformed Ntlo Ya Dikgosi on Butterfly, Khama says

Larona Makhaiza | 5 h ago

New military justice system to transform discipline in the army

Pini Bothoko | 7 h ago

MISA Botswana condemns emerging threats to media freedom

MISA . | 8 h ago

Bushfire Festival to ignite cultural celebration in the heart of Kgalagadi

Nnasaretha Kgamanyane | 8 h ago

Emergency probe as FMD tests national buffers

Mbongeni Mguni | 8 h ago

FNB Premiership on a knife-edge

Kabelo Boranabi | 9 h ago

'Ntungamili has always had genuine love for tennis'

Mqondisi Dube | 9 h ago

Gov’t won’t apologise to Butterfly

Sharon Mathala | 8 h ago

Child protection needs more than prevailing laws

The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...

The Monitor Editor | 27 January 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More