Bitcoin Trading: Market Gambling or a Digital Payment System

Abstract

Batteh explained the importance of Bitcoin, a form of digital currency that is created through the internet and used as a payment system on the internet. He noted that there has been great fluctuation in the value of bitcoin. Recently, the U.S. Securities and Exchange Commission (SEC) advised that U.S. federal securities law may apply to the issuance and trading of bitcoins and crypto currencies. A summary of the event is available here.