But as policy-makers try to regulate the market, another question arises. Given all these, an interested user usually wonders how much money is needed to join bitcoin trading. It remains the financial market’s latest fad, with more people gambling and considering it a precious item. Meanwhile, believers see it as a stepping stone towards a digital future. It can be compared to the Tulip Mania and other investment bubbles that eventually burst. But so far, the goal is not yet achieved.įor the skeptics, its volatility is nothing but digital gambling. Its decentralized financial system has fed the imagination of the world. Bitcoin does not function as money, but its promise to form a utopic future has captured the attention of many people.
About $20 million bitcoins have been mined to date, yet it is not classified as legal tender.
