When you think about it, it's actually kind of crazy. People are investing real money, honest to goodness cash, in something called cryptocurrency. You can't touch Bitcoin with your own hands. It's not backed by a physical company. It's not backed by a government. It's not backed by gold, silver, or any other type of currency. Are we talking about a commodity here?

Well, sort of.

With commodities, at least there is something physical to represent your investment.

With Bitcoins and other cryptocurrency, the actions of people determine its true value.

You see, it's not money.

It doesn't jingle in your pocket. It doesn't fill

up your wallet. You can't lock it in a physical safe or keep it over at your neighborhood bank.

It doesn't retain actual value. The value is virtual. It doesn't follow the laws really of supply and

demand. It's only as valuable as people decide it is.

It's easily stolen if your computer gets hacked. And if you lose your phone, well, the first

thing a dishonest person will do is go data mining. They're going to find your Bitcoin

and then they hijack it. Yes, Bitcoin can be held hostage. Even if it's fiat, meaning the government has

declared it to be legal tender. It's still not backed by a physical commodity. Sound like a good

investment? Well, it did to Tyler and Cameron Winklevoss. They purchased 100,000 of them back in 2013 when the price was $1,000 per coin.

Well, after a 1,700 percent growth spurt, the value sits at, get this, $17,000 per coin.

They're billionaires, but they're not the only ones.

Bitcoin also inspired Patrick Byrne.

He's the CEO of Overstock.com.

He actually founded the company back in 1997 and launched the company in May of 1999.

Overstock.com initially sold exclusive surplus and returned merchandise online.

And today, the company continues to sell, well, just about everything.

Home decor, furniture, bedding, close-out merchandise, and also new merchandise.

...