Some of our viewers are worried about the world and one wrote in citing the huge US debt, extremely low interest rates he thought might still go negative and the possibility of capital controls which prompted him to ask if he should buy Bitcoins to defend himself. We decided to put Bitcoins under the tastytrade microscope.

Bitcoin is a digital online currency that can be used to purchase items from retailers who accept them. Bitcoins can be bought with and sold for almost any currency through online exchanges. The appeal to many is that it is decentralized and unregulated. Tom and Tony laid out some of the advantages and disadvantages of bitcoins including some features which are both. The problems with some bitcoin exchanges were noted.

Watch this segment of “You’ve Gotta Be Kidding Me” with Tom Sosnoff and Tony Battista for the important takeaways and a better understanding of Bitcoins, their uses and their future.