TONIGHT AT 6PM – What's in your digital wallet? Bitcoin, Litecoin, Dash – which is the best?
"Well, that's a good question. I don't think anyone has a direct answer," says certified financial planner Chris St. John.
The cryptomarket is exploding right now, and you can even use cryptocurrency on big online retailers like OverStock.com, Expedia, and NewEgg.
You may have read stories about people getting rich from cryptocurrency investing, like a man who says he bought a $200,000 Lamborghini with Bitcoins he bought in 2011 for $3 each.
"It's up 10 percent today alone," St. John says.
But what exactly is it, and is it safe? What does the future hold for this burgeoning currency?
"It's not really regulated that much," explains crypto-investor Robert Lewis.
Tonight at 6 p.m., WMBF News Anchor Michael Maely presents a report to clarify the cryptocurrency confusion.