This author has a very sad story to tell. Back in 2011, he was told of this weird digital currency called bitcoin. He then pursued a course of action to acquire some and even went as far as to get a digital wallet. But now, the areas of the web he went to in order to acquire some bitcoin became very sketchy, and so he backed off - and regretted it ever since!
Bitcoin is NOT an investment and is commonly derided in investment circles as purely a "gamble" or at best "speculation". Indeed, it probably is little more. But Tyler Winklevoss and Cameron Winklevoss of Facebook fame (infamy?) feel differently, and have been working with the SEC in a bid to launch an ETF that would deal exclusively in bitcoin.
The SEC effectively delayed the project by stating more public feedback is required, as the digital currency - which is notoriously volatile - lacks the stability of more traditional investments. Perhaps this is the best move. ETFs and the world of highly leveraged ETFs (also under SEC scrutiny) are already the wild, wild west of investment strategies, frequently played by retail investors acting as if they were in a casino.
https://www.marketwatch.com/story/sec-kicks-the-bitcoin-etf-approval-decision-down-the-road-2016-10-13
