24 Dec '12, 4am

Sober Look - 2012 winner for the best performing currency #bitcoin

Sober Look - 2012 winner for the best performing currency While the Mexican peso and the Polish zloty had a good year, there was one currency that outperformed them all — by an order of magnitude. That’s no secret to those reading this, but it will be to reader’s of Sober Look (@SoberLook ), a financial blog with a global audience Excerpts: “It’s not issued by a country, nor is it a precious metal or a rare-earth. Bitcoin is an electronic currency that can be exchanged for some goods and services, particularly online. The currency is not controlled by a central bank.” - “For more background on Bitcoins see this story from Wired Magazine (Wikipedia does a terrible job describing this process).” - “Therein lies the flaw of the Bitcoin concept: transaction anonymity attracts illicit activity.” - “So why has the currency tripled this year? A number of rumors have been circulat...

Full article: http://www.bitcoinnews.com/post/38689210337/soberlook-bit...

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While the Mexican peso and the Polish zloty had a good year, there was one currency that outperformed them all — by an ord...

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