The Threat of Bitcoin: Worth the Hype?

Calum Jeffray

Six months ago few people had even heard of Bitcoin, and many of those only knew it through its association with the infamous Silk Road marketplace. Following the publicity it gained through Silk Road it briefly became more valuable than gold in late November. The media has now begun to ask such questions as ‘Is Bitcoin the future of currency?’ ‘Is Bitcoin the new gold?’ and ‘Is Bitcoin about to change the world?’ The growth in the currency’s popularit...
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