1 Big Bitcoin Threat

The Bitcoin craze is here, and now, JPMorgan Chase (NYSE: JPM  ) is developing its own payments vision. In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analyst David Hanson is joined by Stock Advisor analyst Brendan Mathews to discuss three of their favorite tweets of the day and how Bitcoin could open the floodgates for disruption for companies like Visa (NYSE: V  ) and MasterCard (NYSE: MA  ) .

Say goodbye to credit cards
The plastic in your wallet is about to go the way of the typewriter, the VCR, and the 8-track tape player. When it does, a handful of investors could stand to get very rich. You can join them-but you must act now. An eye-opening new presentation reveals the full story on why your credit card is about to be worthless-and highlights one little-known company sitting at the epicenter of an earth-shaking movement that could hand early investors the kind of profits we haven't seen since the dot-com days. Click here to watch this stunning video.


Read/Post Comments (1) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On December 15, 2013, at 4:21 AM, VikingBear wrote:

    I still say it's Zombie Money. Part of its appeal is tax evasion, and it is a fairly safe bet that Governments will find ways to tax it out of competition with themselves.

    Mere possession or control of Bitcoins might trigger an IRS audit for money laundering.

    If Bitcoins were real, they should glow in the dark.

Add your comment.

DocumentId: 2765199, ~/Articles/ArticleHandler.aspx, 4/19/2014 3:12:59 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement