Rags to riches tales abound in the media of prophetic technocrats who embraced and invested in Bitcoin over the past several years and are now sitting on millions of dollars. Fear of missing out (FOMO) appears to have struck would-be investors looking to cash in on a potentially colossal payday. Responsible investors should be asking some hard questions: What is Bitcoin and what is its intrinsic value? Will I make millions overnight or is it too late to invest in Bitcoin? How risky is Bitcoin and what are the risks? Perhaps you’ve heard horror stories about almost four million Bitcoin worth over one hundred and eighty billion dollars at September 2021 levels being lost – to never be regained. Maybe you’ve heard of unsavory characters exchanging Bitcoin for illegal and inhumane activities. Is Bitcoin investment-worthy or a speculative gamble? This paper aims to lay out the different sides of the debate, but for peace of mind, investors should remain skeptical of Bitcoin digital currency on account of high volatility, adverse environmental impact, and absence of oversight and regulation...