
With financial markets enjoying record highs at the end of 2013, more Americans are considering investing as a means of obtaining additional income. Young people, however, seem to have been ahead of the trend. They haven’t been trading stocks though. Instead, they’re buying and selling virtual currencies. Virtual currencies, such as Bitcoin, are getting more attention due to their total market cap and global recognition. Even renowned economists and Wall Street have taken notice.
So what do Bitcoins do? It’s pretty simple: Bitcoins allow users to engage in financial transactions anonymously. Instead of charging your credit card online, you can buy those Gucci loafers you wanted with some Bitcoin.
For evidence
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