It has been difficult to find nuanced remarks about bitcoin for some time because of its explosion in the markets, more than 1000% increase in 2017. The bitcoin supporters are enthusiastic, especially as the philosophy behind this cryptocurrency joins their opposition to banks and financial institutions. Critics of bitcoin talk about fraud and catastrophe in the making for investors who have trusted this novelty.
The creation of new currencies is not a new phenomenon. Today there are some 2,500 regional currencies. And more and more virtual currencies are being created, which many do not want to name, talking more about a financial product or a derivative. Anyway, it is an irreversible movement, in step with its time, and very useful economically.
