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Topic: 2013-03-23 Trinidad Guardian "New virtual currency threatens the euro" (Read 758 times)

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This week, as the euro crisis has reached Cyprus, the bitcoin (BTC) marked a record high on the largest online exchange, bitcoin.de.

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http://guardian.co.tt/business/2013-03-24/new-virtual-currency-threatens-euro

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With all its other problems, the euro is also getting unexpected—and “underground”—competition from a new virtual currency. It’s called the bitcoin, and in case you haven’t heard, it is the most ambitious (and to-date, successful) attempt to create a new online currency, generated by the calculations of thousands of computers. Some say it amounts to a kind of anarchic money.
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