Trade in bitcoin at your own risk

Ryan Kailath Nov 30, 2017
HTML EMBED:
COPY

Trade in bitcoin at your own risk

Ryan Kailath Nov 30, 2017
HTML EMBED:
COPY

Bitcoin. The cryptocurrency is on a wild and volatile ride. The price of a coin has grown ten-fold in the past year, hitting a high of more than $11,000 for one bitcoin yesterday, before tumbling some 20 percent this morning. Everybody, it seems, wants in on the action. But a growing number of economists and investment advisors are trying to warn people off the stuff. Here’s why.

Click the audio player above to hear the full story.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.