Is bitcoin the future of currency or is a crash coming?

On Tuesday’s “The Glenn Beck Radio Program,” Glenn Beck and Stu Burguiere talked about the rise of bitcoin and the first bitcoin purchase.

The value of bitcoin has been rising over the past several years; in today’s value, 1 bitcoin is worth $2,251 USD. Glenn recently invested in some bitcoin and has doubled his money in the last month, but he has stayed cynical on how long it can keep rising in value.

“At some point it’s going to crash,” he asserted.

Stu told the story of the first bitcoin transaction. A man traded 10,000 bitcoin for two Papa John’s pizzas in the first transaction involving the digital currency, which comes into circulation based on a process called “mining.” At the time of the pizza purchase, 10,000 bitcoin was worth around $60, but in today’s bitcoin value, it would be in the millions of dollars.

Bitcoin has skyrocketed in value in the last seven years. If you bought $100 worth of bitcoin in May 2010, it would be worth around $72.9 million today, Stu explained.

To see more from Glenn, visit his channel on TheBlaze and listen live to “The Glenn Beck Radio Program” with Glenn Beck, Pat Gray, Stu Burguiere and Jeffy Fisher weekdays 9 a.m.–noon ET on TheBlaze Radio Network.