In business since 1913 and acting under a dual mandate, The Federal Reserve Bank is the only privately own entity that guards the value of our dollar. The twelve regional Federal Reserves are the United States’ version of Europe’s Central Banking system. Their fiduciary responsible does not extend to the Bitcoin. Unlike the dollar, the Bitcoin does not have a sovereign’s promise of payments on goods and services. Created by no one knows, it is rapidly becoming a highly valued web based financial instrument. You can buy a Bitcoin wallet and go to a second marketer like eBay to participate in bids or purchases. You may even mine the Bitcoin on eBay.com. However, it does not hold the full faith and credit clause that governs our currency.
Millions are arguing the validity of its bona fetes. However, Bitcoin is not regulated in a highly unpredictable trading market. Therefore, if you are an investor who is in an “in it to it win it” frame of mind…best stay out. Watch and learn at least until a few of the ground rules are established. The highly leveraged wealth mangers are profiting in its volatility. In other words, they are sellers or buyers in a very fast moving Bitcoin commodity market.
To their aggressive investment clients, they offer Bitcoin only as a commodity. Day traders are having fun with this. The underlying premise of the Bitcoin is to be used as an online coinage. Try putting the coin to work as transactional currency online. It is not as to easy use as good old American legal tender. That will change.
There has sprung Bitcoin non-banks, Bitcoin Investment Trust . Many economic experts, including Alan Greenspan, view the rising value of Bitcoin as a bubble, shades of the Tech Bubble. When there is rapid movement of wealth to an unrealized future performance of any industry or commerce. Nasty financial things will always follow. This monetary behavior denotes an artificial pumping up of the true value of a commodity or business.
Hence, Bitcoin is still on the fence as to whether it will be a problem solver for the likes of Amazon.com. Alternatively, be a problem creator for the investors silly enough to assume positions. Will Bitcoin usage become a future economic construct?
The mining for Bitcoin is profitable. Global “Y” generation is taking its value to new highs each day. Many investors have already acquired good returns on their original investment. Bitcoin has no intrinsic value liken to gold or silver. Yet consider for the price of a Bitcoin wallet, you can transfer any sum of money from anywhere in the 
world. For pennies on the dollar, the amount of the transfer is unregulated.
Regulation on the Bitcoin is still in discussion with investors split down the middle. Some fear that too aggressive regulation could mean a diminishment on ROI.
To say that Bitcoin is the new flavor in valued coin is still open to more discussion.
