Here's Why I Won't Buy Bitcoin, and You Shouldn't, Either – Motley Fool

This has been a history-making week, and I’m not just talking about the rollout of coronavirus vaccines. On Wednesday, Dec. 16, we witnessed the largest cryptocurrency in the world by market cap, bitcoin, blow past its previous high and eclipse $20,000 per token. In fact, bitcoin went on to also blow by $21,000 and $22,000 within a matter of hours.

For as volatile as the stock market has been in 2020, you wouldn’t know it by looking at bitcoin, which is up by 201% on a year-to-date basis…


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