Is Bitcoin an investment?

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.