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How do bitcoins work

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Bitcoins, which are a virtual currency (or cryptocurrency), have become popular for speculative investors the last couple years. For this week's discussion, please post a response to the following:

1. How do Bitcoins work?

2. What are the advantages and disadvantages of using Bitcoins rather than U.S. currency?

3. Do you think Bitcoins are a good or bad investment? What are the risks?

4. Do you think Bitcoins will ever become legal currency that is recognized by the U.S. government?

Please provide an original post by Wednesday night and thoughtfully reply to one post by Sunday night.

Reference no: EM133144241

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