Bitcoin

Someone in my book club group asked about Bitcoin and I said I didn't know much about it but later I did some research and came up with an answer. It appears there are knowledgeable people on both sides of the issue but most see things in the extreme. It appears that Bitcoin is set for a big change either up or down. That means there is 50/50 chance of making money and that is in the area of speculation rather than investing. This means you should not count on this as a retirement vehicle but to be used for money that you can afford to lose. You can invest in the stocks and have an almost sure thing of earning more than the inflation rate over the long term as there has never been a 20 year period where the stock market did not have a positive return. Investing in Bitcoin requires a higher risk tolerance that is not conducive to retirement savings.