Could the United States Erase the National Debt by Buying Bitcoin?

There is every chance that Bitcoin surges 100 times in the next three years.  The U.S. National Debt is, as of today, about $20.6 trillion. Bitcoin may represent an asset class as permanent as gold, silver or diamonds.  Keep in mind that all Bitcoin that can ever be created will have been mined from its…

A Little Bitcoin Is The Best Christmas Gift To Give

A hundred dollars worth of Bitcoin could be worth $10,000 in 5 years. No wonder Bitcoin has captured the imaginations of countless people around the globe—from children to senior citizens. Lots of folks, however, still wait to buy Bitcoin, partly because the process of doing so is slightly cumbersome. At Coinbase.com, for example, a person…

Dr. Keith Ablow: There’s Nothing Fake About Bitcoin

Weeks ago, on this very site, I recommended that people buy Bitcoin.  My recommendation was based on the fact that Bitcoin had enjoyed such spectacular gains since 2010 that $1,000 invested at that time would be worth over $30 million. My argument was that no one could know whether the gains would continue in astronomical…

Bitcoin Surges, Again: Jamie Dimon Not Sparkling

Bitcoin’s value is rocketing back from the decline it suffered after Jamie Dimon, chairman, president and CEO of megabank JPMorgan Chase called it a scheme, and China stated it would clamp down or end Bitcoin trading (which it now seems to be reconsidering). Before Dimon and China, I argued that there is a clear psychological…