[Closed] Cryptocurrencies

Anyone dabble?

I can't quite get it. But I'm intrigued. It's not an actual thing other than code on a computer? I don't understand how it has value. You have a virtual wallet but as I understand it's largely owned / funded / run by criminals (lol, yeah as opposed to banks... I know)....

So, hypothetically, you have 500 quid and you "invest" in say, Bitcoin. Then what, sit and watch and hope it leaps and sell quick? Surely there are better investments to take a punt on? Would hope for a decent discussion here..... 😉