Comments by "" (@tekannon7803) on "Bitcoin rally fueled by ‘real and effective’ blockchain technology, assistant professor argues" video.

  1. Dear Yahoo Finance Presenter and Brian, What strikes me about Bitcoin is that there is a good reason to jump and shout about it's incredible trajectory, but it's so expensive to buy just one Bitcoin that I wonder if this is really going to be an elite form of pocket money. At least with gold, someone can buy 50 Euros of it. At 28 grand a pop, who has got that kind of dough laying around and don't forget that because of its volatility, it might be 6 grand tomorrow. As a store of value, this is what frightens me as well. Who is running the show as far as where Bitcoins are stored? How do we know there are Bitcoins somewhere? How many are left to buy? What is the percentage brokers take when you cash in a Bitcoin? I've heard it's about 25% commission. So; that means if you sell one Bitcoin today, you get 7 grand scraped off the top of your sale if it sells for 28 grand. Why are the commissions so expensive? Too, too many questions remain about this mystery gold.
    1