Bitcoin

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The same article that I posted talks about hardware bitcoin wallets. You can google it if you are interested. My personal take is that bitcoin as an investment is too volatile and unpredictable. Financially I am conservative. Professionally, as a computer scientist I find the whole thing interesting. The math and distributed computing is something significant and worth knowing about. If you are not updated you are soon outdated. I know one guy who is interested in blockchain (one of the key technologies behind bitcoin and other cryptocurrencies) as a technology for secure financial transactions. Apparently there are a few companies that do this. It also addresses the need for faster funds transfer than pre-existing methods. Ever try to transfer funds from one bank account to another and wonder why in the modern times it takes days?

So I try to keep abreast of the technology and know something about it, but it doesn’t attract me as an investment. But if you like to gamble: it is a gamble you might win (or lose).

Personally I wound not put my own money out of my wallet in it. I only did the trade because I wanted the parts gone and I have a collectors mentality with coins (have to have certain ones). If it was not in a physical coin, I would not have done the trade. My investments tend to be in physical forms, not virtual ones.