“Know what you are investing in” is a steadfast, uncontroversial investing adage. Unfortunately, when it comes to bitcoin, this advice is being dangerously overlooked by both novice and seasoned investors. In this article I seek to set the record straight on what bitcoin was and has become, and what I believe is the biggest risk associated with bitcoin today. Bitcoin’s Early Days When I bought my first bitcoin (BTC) in 2013 at 25 years of age, it was a small investment appropriate for my risk tolerance and stage of life. Not knowing much about it at first, I began learning all I could. My conviction grew, and in 2015 ... (full story)