26 Jul '14, 7am

#Bitcoin grows on Asian users: Fast, cheap and anonymous, electronic money proves a hit @asiase…

Fast, cheap and anonymous, electronic money proves a hit, write Asia Sentinel’s Yajiao Chen and Nikki Woo Horry Chan spends more time on internet communication than talking to real people. As the owner of the Hong Kong-based online application store Easyapp.com, his team designs and customizes applications for local and international clients. In the past year, a new feature has been added to his website: accepting bitcoins for transactions. That’s right. Bitcoins. Rumors of bitcoins’ demise are exaggerated and Asia, increasingly attuned to electronic commerce, is waking up to their convenience and economy despite the well-publicized disappearance of MT GOX, the Tokyo-based electronic currency’s biggest and most important exchange, which was handling 70 percent of all transactions. Hackers apparently stole 850,000 of customers’ bitcoins valued more than $450 million. Althou...

Full article: http://asiancorrespondent.com/125164/bitcoin-in-asia/

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