Altucher breaks down the math on bitcoin $1,000,000.
Though the new cryptocurrency might only see limited success as a substitute for traditional credit card transactions, it could have a lot of potential in other financial domains.
After 2018's brutal 'crypto winter,' bitcoin has been on a tear in 2019.
The House Financial Services chair told CNBC that Congress will move aggressively to examine the ramifications of Facebook's planned cryptocurrency.
Facebook's new virtual currency doesn't address some of the biggest obstacles to cryptocurrencies, and it isn't a panacea for the 'unbanked,' either.