So bitcoin is a can’t miss investment that is guaranteed to go up, right?  Steve Patterson joins me to discuss some of the reasons why that might not be the case.  Is bitcoin too volatile to be a useful currency?  Is bitcoin the AOL of cryptocurrencies?  How do you perform a valuation of bitcoin as you would other investments?  This fun conversation goes in many directions, covering topics like the Silk Road website, the NSA, pornography, gambling, privacy, competing currencies, and more.

Find out more about bitcoin here:  http://choiceconversations.libsyn.com/episode-117-a-bit-about-bit-coin

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Bumper music:  https://www.youtube.com/watch?v=aHjpOzsQ9YI