Future of money or fad? A closer look at cryptocurrency and bitcoin

MILWAUKEE — Is it the future of money or a fad? Bitcoin has become a household term, despite the fact that a lot of people don’t know what is or how it works.

If you visit The Jewelry Center in Greenfield, you can pay for your purchase with either cash, credit, or as of January, bitcoin.

The business is one of only a handful in the Milwaukee area now accepting the digital currency. As of July, the business has had three transactions with the digital currency.

“We can take that money and convert it right into cash and deposit it into our bank account, the same as you would a credit card transaction or a pay pal transaction,” explained Thomas Rouse, operations manager at The Jewelry Center.

Thomas Rouse, The Jewelry Center, explains how his business uses digital currency for transactions.

So, what is bitcoin?

Unlike bills you can hold in your hand or change you can count, bitcoin is a form of…