Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×
Bitcoin

+ - Bitcoin currency surpasses 20 national currencies in value-> 1

Submitted by Velcroman1
Velcroman1 (1667895) writes "More than $1 billion dollars worth of bitcoins now circulate on the web – an amount that exceeds the value of the entire currency stock of small countries like Liberia, Bhutan, and 18 other countries. Bitcoin is in high demand right now — each bitcoin currently sells for more than $90 U.S. dollars — which bitcoin insiders say is because of world events that have shaken confidence in government-issued currencies. “Because of what's going on in Cyprus and Europe, people are trying to pull their money out of banks there,” said Tony Gallippi, the CEO “BitPay.com,” which enables businesses to easily accept bitcoins as payment. “So they buy gold, they put it under the mattress, or they buy bitcoin,” Gallippi said."
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Bitcoin currency surpasses 20 national currencies in value

Comments Filter:
  • Myself being a multi-trillionare (in Zimbabwean dollars), I'd like to comment that it may not be hard to surpass some currencies.

"Text processing has made it possible to right-justify any idea, even one which cannot be justified on any other grounds." -- J. Finnegan, USC.

Working...