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Bitcoin

+ - Bitcoin - Pirate's Gold or New Global Currency?->

Submitted by Anonymous Coward
An anonymous reader writes "Bitcoin has attracted the public and US Government's attention through its association with sites like the Silk Road and groups like Wikileaks prompting 2 US senators to call for it to be made illegal. It has also suffered from 3 public hacks with about $1 — 2 million at risk. However, in comparison to some currencies — like the Zimbabwe dollar that became worthless in 2009 and the losses suffered by millions of people, companies and countries through the GFC, Bitcoin doesn't look that bad. There is a clear need for a non-mediated currency, but is Bitcoin the answer?"
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Bitcoin - Pirate's Gold or New Global Currency?

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