To Cryptocurrency or not, in Crypto-Wadi | Claire Polansky | The Blogs

To cryptocurrency or not to cryptocurrency? That is the big question of 2018.

It is safe to say that If you are an Angel Investor, Venture Capitalist, or looking to be a C-level executive at the right startup, this question will haunt you. Will you hit fortune or a sea of troubles fit for a Shakespearean drama?

Public interest in Bitcoin skyrocketed to the top of the charts at $19,340 just before the close of the year, joining the ranks of the 20 largest stocks in the S&P 500 alongside the likes of Google, Amazon, Apple, etc. The market value is at $270B. That’s not small change.

Now ads are popping up all over the place with promises for “get rich quick” investments and everyone from legitimate financial investors to yoga teachers are trying to get a piece of this pie.

To paraphrase a Facebook friend, “yes, it seems risky but the returns are so real!”

Unfortunately, with lack of controls and regulation, the scams are hard to weed out…

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