12 May '13, 3pm

Bitcoin buzz stays high — even after bubble

Bitcoin lost more than half its value last month but there’s more interest in the cyber-currency than ever. While Bitcoin stories used to be restricted to tech and science sites, they’re now a fixture of the financial press and even consumer news sites. Last week, for instance, brought a fresh spate of news that suggest more people are treating Bitcoin as a serious form of money rather than a science fiction experiment. Here’s a roundup (if you want to meet people backing Bitcoin, come to our free meetup in San Jose on May 16): Bitcoin is becoming more liquid Gift card site Gyft has started accepting Bitcoin as payment. The significance here is that average consumers now have a forum to use their Bitcoins on a wide variety of familiar consumer brands. As Techcrunch noted , other merchants’ Bitcoin announcements (like that San Francisco cupcake shop ) are largely marketing ...

Full article: http://gigaom.com/2013/05/12/bitcoin-buzz-stays-high-even...

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