Bitcoin, the humble little digital currency quietly introduced to the world in 2009, has proven to be the best performing asset on the planet over the past four years. (It seems as though the folks at Business Insider need to do a bit more due diligence before they post stories about the “best performing” investment)
Until recently, Bitcoin – and its investment performance – have been easily ignored by traditional investment media. Meanwhile, Bitcoin has continued to grow and blossom.
Mainstream financial press is silent no more.
Bitcoin has proven to be decidedly more than just a passing fad.
It is because of Bitcoin’s resiliency and tremendous demand growth that has caused the mainstream financial press to start covering it.
Somewhat surprisingly, the coverage hasn’t been entirely one-sided.
The following video was created and published by the New York Times and covers the story of “the online currency that has attracted a number of investors“:
For a more detailed examination of the factors to consider before you embark on Bitcoin investing, here is an excellent video from the Bitcoin 2013 conference sponsored by Bitcoin Foundation in San Jose, CA:
Lastly, here is an amazing story of a man who, while researching encryption for a thesis paper, discovered Bitcoin and allocated a mere $27 to invest in some Bitcoins. His tiny investment has grown to over $1 million worth of Bitcoin today (our guess is that you would never convince him that it’s a bad idea to buy and hold Bitcoins for investment):