Forget Bitcoin, Buy PayPal and Square Instead

In 2009, an individual known only by the pseudonym Satoshi Nakamoto created what has become the world's largest cryptocurrency: Bitcoin (CRYPTO: BTC). Since that time, Bitcoin prices have skyrocketed and plunged repeatedly in a dizzying display of volatility. But those frenetic price swings are just one of the reasons Bitcoin can be a risky place to invest your money.

If concerns about this digital currency have led you to avoid betting directly on an asset class that has no clear investment thesis (or on a digital currency that's relatively difficult to spend in the real world), both PayPal (NASDAQ: PYPL) and Square (NYSE: SQ) are companies that now offer some Bitcoin exposure without the same level of risk.

Here's what investors should know.

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Source Fool.com