Over the last few months, Bitcoin has transformed from something that your buddy used to buy cocaine once to something that is in the news every single day in regards to it's stock price.

This isn't something that is ridiculous, as it's incredibly high volatility combined with the sheer uniqueness of the commodity present makes for a very interesting presence in today's stock market, and society in general.

Bitcoin, for those who don't know, can be summarized by this video:

It's something that you can see working out in principle, everybody would ideally like to avoid the middlemen involved in any general transaction, yet I don't think people anticipated Bitcoin leading to videos like this:

Indeed, it's price has skyrocketed up to crazy levels, and it is anticipated to grow even further, and even though it is very volatile, it is still trading for some serious value. Regardless, I do wonder whether or not Bitcoin, or something like it, is seriously the future of money and general transactions. If it is the future, it has taken a while to get here, and frankly, based on it's volatility, it's fair to question whether or not that is the case. There also is the issue of whether or not the primary benefactor of Bitcoin becoming popular is those businesses that aren't exactly legal, which frankly is a totally valid claim. Regardless, it is at the very least something to monitor in regards to it's popularity. Me personally, as recently as three months ago the only people who I knew used bitcoin were those who were doing things that weren't exactly legal. Nowadays, if you don't know about bitcoin, you're in the minority, and rightfully so.