15 Apr '13, 7pm

For #Bitcoin, the biggest risk is competition. Like any currency its value is dependent on the number of users

SMALL tribes have often used unique forms of money. Until recently, west Africa’s Ashanti had perhaps the oddest. Eschewing the convenience of metal discs, stones or shells, they used metal painstakingly moulded into the shape of small chairs, representing the tribal chief’s throne. But the latest cult currency—Bitcoin—is stranger still. Invented in 2009, this computerised money exists only as strings of digital code. The Bitcoin tribe is still a small one, and consists mainly of computer geeks, drug-dealers, gold bugs and libertarians. But wild fluctuations in the value of a Bitcoin, from under $20 at the start of the year to over $200 at one point this week, has won the currency wider attention. The price may yet crash to earth. But whatever happens to Bitcoin, it shows how useful a widely accepted digital currency could be (see article ). In this section Freedom fighter...

Full article: http://www.economist.com/news/leaders/21576104-regulators...

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#Bitcoin, a digital currency, may crash but lea...

economist.com 16 Apr '13, 7am

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forbes.com 16 Apr '13, 4pm

Move up http://i.forbesimg.com t Move down Crazy Blind Date Not So Blind Anymore, Thanks To Hack Jeff Bercovici Forbes Sta...

Bitcoin Isn't the Only Cryptocurrency in Town

technologyreview.com 15 Apr '13, 4am

In recent weeks, the digital currency Bitcoin has soared and then dipped in value, along the way attracting more public at...

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arstechnica.com 16 Apr '13, 3pm

Sadly, you can't spend actual bitcoins like these (non-digital ones) for your online dating profile. CASASCIUS On Tuesday,...

Bitcoin Has No Intrinsic Value, And Will Never Be A Threat To Fiat Currency

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businessinsider.com 11 Apr '13, 9pm

REUTERS / Philimon Bulawayo A crisp 100 billion Zimbabwean dollar The best sentence I read today was this one: “It has bee...

The dazzling rise and fall of the virtual currency Bitcoin

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independent.co.uk 12 Apr '13, 7pm

For Tyler Winklevoss and his twin brother Cameron, whose legal feud with Mark Zuckerberg over the origins of Facebook was ...

Bitcoin hacker currency bursts into mainstream

news.yahoo.com 10 Apr '13, 10pm

LONDON (AP) — With $600 stuffed in one pocket and a smartphone tucked in the other, Patricio Fink struck a deal that's joi...

Trending: #Bitcoin, a digital currency, may cra...

economist.com 18 Apr '13, 4pm

IN 1999 an 18-year-old called Shawn Fanning changed the music industry for ever. He developed a service, Napster, that all...

Bitcoin bursts: Hacker currency gets wild ride

news.yahoo.com 11 Apr '13, 6pm

LONDON (AP) — It's a promising form of electronic cash free from central bankers and beloved by hackers. It — Bitcoin — ma...

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guardian.co.uk 10 Apr '13, 8pm

Bitcoin , the digital currency, lost more than $160 (£104) in value on Wednesday, just hours after hitting a record high. ...

What Is the Value of Bitcoin?

cato.org 05 Apr '13, 2pm

With Bitcoin enjoying a spike in price against government currencies, there is lots of talk about it on the Interwebs. If ...

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youtube.com 11 Apr '13, 9am

Imagine having money that's free from government control, safe from haircuts and decentralized. There is such a thing - an...

Bitcoin is not a real currency, just some 21st-century cowrie shells: The 'cryptocurrency' has more in common

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guardian.co.uk 10 Apr '13, 9pm

The rollercoaster ride of Bitcoin 's valuation has, after a couple of months of being pulled up the roller, hit the "coast...

Bitcoin, still not a currency. And now crashing.

Bitcoin, still not a currency. And now crashing.

go.bloomberg.com 11 Apr '13, 2pm

Photographer: Susana Gonzalez The U.S. twenty-dollar bill: A widely accepted tool for everyday transactions. Last month, I...