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Motley Fool Answers

What’s the Big Deal with Bitcoin?

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 21 November 2017

⏱️ 33 minutes

🧾️ Download transcript

Summary

Everywhere we turn people are talking about Bitcoin and other cryptocurrencies. Maybe it’s because Bitcoin has increased in value by over 400% this year alone. So what is a cryptocurrency anyway? How does it work? And are we missing the boat by not investing it in?

Transcript

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0:00.0

Support for Motley Full Answers comes from our friends at Rocket Mortgage by Quick

0:02.9

& Loans.

0:03.9

Home plays a big role in your life.

0:05.7

That's why Quick and Loans created Rocket Mortgage.

0:07.7

It lets you apply simply and understand the entire mortgage process fully, so you can

0:12.3

be confident that you're getting the right mortgage for you.

0:14.9

To get started, go to RocketMortgage.com slash Fool. This is Motley Fool Answers. I'm Alison Southwick, and I'm joined as always by Robert Brokamp,

0:25.6

personal finance expert here at the Motley Fool.

0:27.6

Hello, Allison.

0:28.6

Cryptocurrencies are all the rage now. You know it and I know it, even if none of us

0:33.6

really understands it. So that's what we're going to try to do today with the help of Motleyful analyst Aaron

0:39.5

Bush.

0:40.5

He's going to explain the ins and outs of Bitcoin and other cryptocurrencies so that when your

0:43.7

clueless friend asks, I've been hearing a lot about Bitcoin.

0:47.4

Should I invest in it?

0:49.0

You'll know what to say.

0:50.7

All that and more on this week's episode of Motley Answers. It's time for Answers! Answers! And today's question comes from Twitter! And it comes from M-Gest-N-D.

1:02.0

I'm looking for a Vanguard E-TF to provide international exposure. Do you have any suggestions that I should look into?

1:10.0

Yes. And people are paying more attention to international investing these days.

1:13.6

Since the recovery from the Great Recession, U.S. stocks have significantly outperformed international

1:19.6

stocks.

1:20.6

So people stopped paying attention.

...

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