Bit Coin What is it?
There has been a lot of talk out there about Bit Coin recently. I have known about Bit Coin almost from the beginning. Honestly I have not given it much thought. And until last week it wasn't that relevant until I brought it with my financial adviser. He promptly told me that he would not engage in a conversation about Bit Coin. And really that is true most financial professionals will not talk about it because of its risky platform. It is exciting when technology creeps into our real world and show us how powerful it really can be. And technology really affects our everyday lives probably more than we realize. All our bank accounts are virtual and many of our transactions are digital. While I cannot find update statistics digital transaction are on pace and may have very likely surpassed cash transactions. So what about Bit Coin? I cannot tell you if it is something you should get into. For our purposes today I will explain how it works and then you can discuss with your fina...