Bitcoin, Blockchain, and the Future of Digital Currency
Overview
There are currently more than 1,000 cryptocurrencies with a combined market capitalization of over $400 billion dollars. In the grand scheme of things, they represent a relatively small portion of the global economy. However, these alternative, digital currencies continue to generate a significant amount of buzz among curious investors. As an investment, the risks still outweigh the possible advantages. Instead, investors may want to seek out opportunities to take advantage of the underlying technology that powers bitcoin and other digital currencies, known as “blockchain,” through investments in private equity.