By Chongchen Saelee

Surely, for some, the Bitcoin trade is very real. Those who had invested early on and sold their Bitcoins before the price plummeted after it maxed out at value of approx. $1000 per Bitcoin. The problem why Bitcoin isn’t catching on is because it’s still dollar-based. Because if it ain’t broken, don’t fix it, right? Cash became debit and credit cards almost seamlessly, but it was still dollar-based. Bitcoin is technically the same as debit and credit, but it instead tries to decide its own value via a math algorithm, which is sketchy and hard to predict and even know who controls it. At least a US Dollar is a dollar. As long as the price of a stick of gum doesn’t increase beyond that, you can assuredly use your dollar in a vending machine.

But it’s kinda interesting. I want to see how this Bitcoin thing turns out. And this is where you can help me out. You can donate some Bitcoins my way at http://www.coinbase.com/eastfist. My goal is to reach one entire Bitcoin. Thanks for your consideration.