18 Feb '14, 3pm

Bitcoin's long-term success could depend on how its deals with its current crisis

Of late, though, bitcoin's three bulwarks have come under fire. Its anonymity has caught the attention of regulators and law-enforcement agencies because of alleged money laundering. Its immunity to cyberattacks was called into question last week when the three main bitcoin exchanges had severe problems . And the currency's place on the fringes of the financial system has proved a limitation because most banks refuse to facilitate bitcoin transactions. To make matter worse, bitcoin's price now is almost half of what it was at its peak.

Full article: http://online.wsj.com/news/articles/SB1000142405270230489...

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