“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:
A decorated Navy SEAL abused a 5-year-old and filmed it
IRS Power To Revoke Passports Signed Into Law
China now home to the world’s fastest supercomputer
How Americans were swindled by the hidden cost of the Iraq war
National park police gun down stopped, unarmed motorist in his car
Google Glass looks silly now, but we’ll all be wearing mini-computers soon
China's new playground: America's backyard
Spain Finance Minister’s ‘No Bailout’ Remark Sparks Laughter
How Laura Poitras Helped Snowden Spill His Secrets
Clapper: Spying on U.S. election was "most benign form of information gathering"
Is this one of the world's most expensive suits, at HK$1 million?
U.S. transport ship with hundreds of Marines deployed to the Mediterranean
Standard Chartered fined $340 million over Iran deals
SecondMarket to launch first New York-based Bitcoin exchange
Rally at Oklahoma Capitol opposes U.S. intervention in Syria