Bitcoin Not Valueless, Just Un-Valuable

By James Berman
Given the astronomical gains last year, many have understandably asked if they should purchase some Bitcoin.
I would say no. Not because it’s a mania, a novelty, or a fad — though it certainly might be all of those things. I would say no for the same reasons I advised against buying companies like Pets.com in 1999. Not because it has no value, but…