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keep your savings out of bitcoin if you know what's good for you

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keep your savings out of bitcoin if you know what's good for you

bitcoin is in decline. not its price, which has increased 900 per cent this year and (at the time of writing) stands at over us$12,000 per unit, but its actual use as a currency. and this makes its rapid appreciation all the more puzzling.a few years ago, enthusiasts triumphantly shared announcements from businesses that had started accepting bitcoin. over the last couple of years, such announcements have become scarce. instead, businesses that once accepted the currency have begun to drop it.the bbc contacted ten businesses in london that once advertised accepting bitcoin. four no longer accepted it, and two that did said they hardly ever received payments in bitcoin. the same is even true online. the wall street journal, citing a report b...