07 Apr '13, 5pm

As Bitcoin virtual currency soars, bubble fears do too

As Bitcoin virtual currency soars, bubble fears do too

@Lurker2358 - It's not a ponzi scheme. "I never heard of bitcoin before this article". then research it before posting "it's essentially a ponzi scheme" or "sort of like legalized counterfeit money" or "must not be too big a deal since it's never been mentioned here, or on a science forum":) Just because something didn't pop up on your screen in the course of your day doesn't really say anything about it. On a side note any currency's only true value is decided by people's willingness to accept it in exchange for something. I personally like Bitcoin for many reasons (as do others) and hope it becomes more popular/accepted as time goes on.

Full article: http://phys.org/news/2013-04-bitcoin-virtual-currency-soa...

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