Friday, March 29, 2013

Bitcoin Now a Billion Dollar Market

Covered at Reason 24/7: Bitcoin Now a Billion Dollar Market:
The cryptocurrency bitcoin
is becoming increasingly popular. All bitcoins now in circulation
(there are about 10.9 million of them) are now worth more than a
billion dollars. The debt crisis in Cyprus is being cited as one of
the reasons that bitcoin is exploding in value as
more

Europeans
seek ways to keep the government away from their
money.
From
Tech Crunch
:
Hang around in the tech industry long enough and you or someone
you know will be heard saying, “that’s so crazy it just might
work.” Two years ago, if you’d have told me that an open-source,
P2P currency would soon be a thriving, billion-dollar market, I
would’ve told you that you were on a lonely bus headed to
CrazyTown, U.S.A. But today, Bitcoin officially became a crazy idea
that’s actually working.
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