Cryptocurrencies: An Investment, a Safe-Haven Asset, or a Scam?
In the realm of economics, there are plenty of terms that might confuse the layperson, but most of us probably know what the word "money" means. "Cryptocurrency," by contrast, can be baffling. It's money, but not government-backed money? It gets mined almost magically by a process that does nothing else of value? How does that work?
But given the level of investor interest in cryptocurrencies, for this episode of Motley Fool Answers, Alison Southwick and Robert Brokamp brought in Motley Fool analyst Aaron Bush to give their listeners the lowdown on bitcoin and the other cryptocurrencies that are making such a splash. But first, they answer a Twitter question from someone looking for a good way to get international exposure in their portfolio.
A full transcript follows the video.
Source: Fool.com
