after doing some research, I discover that bitcoin has been going on for some years now. it is a phenomenon. No doubt.
IT is volatile . That too.
but NO BANKS have ever accepted bitcoin, so this is nothing new.
SMA have probably already recovered most of their outlay, if not all...so that shouldn't be a worry.
After reading an article here in the local newspaper, even a non believer took a punt some months ago, and that is really, to me what this bitcoin is .... a punt. And SMA appear to have taken one. .... BUT with some thought before jumping in. We have some smart people at the helm, with some very big aspirations.
I like the ideas they are pushing.
Let's see where they take us.
meantime, the bitcoin continues to stay up in value, and I expect that it will continue to do so...their are just so many people out their in the world. And so few bitcoins.
rae915
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