
“They won’t make a sound no matter how many of them you try to toss in a bucket, and you can’t pitch them in a fountain and wish for good luck. But make no mistake, bitcoins are getting big. The online alternative currency, previously little more than a curiosity in financial markets since its 2009 inception, has zoomed in trading value since the Cyprus banking crisis erupted two weeks ago. With fears spreading that even insured deposits might not be safe in similar nations hit by banking crises, those looking for a haven to store their wealth have fled to the complicated world of digital cash.”
http://www.cnbc.com/id/100597242
Related posts:
Retired EPA attorney leads the opposition to 'smart meters' in Maryland
South African group calls for Obama's arrest during presidential tour
Union's Pay Negotiations Play Big Role In Protests Over ‘Google Buses’
Obama toasts Bush: 'We are surely a kinder and gentler nation because of you'
Loophole lets Colorado lawmakers avoid photo radar fines
‘Green-on-blue’ attacks spike in Afghanistan
Federal food stamp recruiters operate on monthly quota system
Colorado Democrat: Legislature, not guns, will keep you safe
‘The world needs more capitalism’ – Greta interviews Whole Foods co-CEO John Mackey
Michael Hastings was researching Jill Kelley FBI lawsuit before death
Britain issues first non-Chinese sovereign RMB bond
Pentagon agency lost track of $800M for construction, audit finds
How German fears of underwriting Russian oligarchs pushed Cyprus to crisis
Whirlpool profits strangled by the tariffs it once supported
Flipping Off Police Officers Constitutional, Federal Court Affirms