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Does Target's Flub Open or Slam the Door for Bitcoin?

Target's credit card flub raising questions about the use of Bitcoin.

By David Hanson and Matt Koppenheffer – Dec 19, 2013 at 6:41PM EST

The news of Target's credit card problems has prompted some to wonder if there are safer payment alternatives, like Bitcoin. In this segment of The Motley Fool's everything-financials show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss Target's issues and why Bitcoin may not be the best choice.

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About the Author

David Hanson
David has been with The Motley Fool since 2013. He is a graduate of the University of Miami. Follow David on Twitter for all things finance, marketing, and investing.
XMFdhanson
X@tmfhurricane

Stocks Mentioned

Mastercard Stock Quote
Mastercard
NYSE: MA
$495.46
(-1.48%)-$7.46
Target Stock Quote
Target
NYSE: TGT
$128.89
(-0.66%)-$0.86
Visa Stock Quote
Visa
NYSE: V
$328.46
(-0.42%)-$1.38
Onity Group Stock Quote
Onity Group
NYSE: ONIT
$47.74
(+3.76%)+$1.73

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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