How much money should you have in Bitcoin? By The Motley Fool

I’ll admit, I’m not much of a supporter of , or cryptocurrencies in general. However, I do understand these are unique assets and they could have some uses in the future. It all comes down to adoption. The more people that use Bitcoin, the more accepted it will become around the world, which will lend legitimacy to its claim it can function as a global currency.

Growing technology
We’re still far away from the day when Bitcoin is universally accepted globally. Nonetheless, with tens of billions of dollars being invested in cryptocurrency technology, it might only be a matter of time before we reach this point.

There’s also the argument that Bitcoin could be a substitute for gold. Indeed, the cryptocurrency has a lot in common with yellow metal. Its value is fixed on an exchange and cannot be manipulated by governments. It can also be used like gold to buy and sell goods around the world, although the number of…