The value of the virtual currency Bitcoin has more than doubled since the beginning of 2017.
It recently broke through the psychologically significant $2000 mark, setting a new record.
A regular listener of Bruce Whitfield’s The Money Show sent in the following question:
- Is my mom missing out on Bitcoin?
Whitfield put the question to famed tech commentator Simon Dingle.
Listen to Dingle’s answer in the audio below (and/or scroll down for quotes from it).
The price just hit $2700!— Simon Dingle
Hype is the right way to coin it, so to speak.— Simon Dingle
When others are greedy; it’s time to be fearful.— Simon Dingle
The tulip analogy is not fair when it comes to Bitcoin… Bitcoin is possibly a more important invention than the internet itself.— Simon Dingle
Bitcoin will continue to rise in the next couple of weeks.— Simon Dingle
Bitcoin has been the top performing currency in the last couple of years.— Simon Dingle
Extremists see Bitcoin as the base currency! They say the dollar has been very volatile in relation to Bitcoin.— Simon Dingle
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Pavlo Phitidis, founder of Aurik Business Accelerator.
The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.
Revenue collections are surprisingly good, so far, thanks to the VAT hike. Bruce Whitfield interviews PwC's Kyle Mandy.
Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's Warren Ingram.
Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.
On April 2 a Bitcoin was worth $1079. By May 2 it was worth $1428.
At the #Changemakers2018 conference, Deputy Chief Justice of SA Raymond Zondo spoke about the struggles he faced growing up.
Automotive Journalist, Jacob Moshokoa shares his views of the Polo GTI 2018, and chats about the vrrrpha mentality among young men
Gauteng residents are warned to brace themselves for another weekend of heavy rain, possible hail and damaging winds.
Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone Viral'.
Thanduxolo Jindela explains why he is running a campaign to encourage more of Omotoso’s victims to come out and testify.
Azania Mosaka catches up with Sbahle Zwane's mother to hear about developments with his schooling.