Bitcoin is experiencing its longest period of price stability in months, a trend that could help allay concerns that the digital currency is just too volatile to be of much mainstream use. Starting in October, Bitcoin began experiencing almost violent
But Bitcoin has an image problem. Its followers see themselves as freedom fighters, attacking outsiders with vengeance and talking up their own accomplishments in the language of the already victorious. Forums like /r/bitcoin on Reddit are endlessly
Beyond the basics, all money is make-believe. We turn paper dollars into grilled steaks when both trust the United States government. That makes Bitcoin the latest sign that its tech elite believers want something beyond the
Recent developments associated with Bitcoin, its silver-like sister Litecoin, and other crypto-currencies forced many merchants to start thinking seriously about accepting these digital alternatives to cash and plastic cards. In fact, some businesses
Fred Wilson, of Union Square Ventures, said the advent of bitcoin reminded him of a similar meteoric rise in peer-to-peer, distributed-system technology with global implications: the commercial internet. “Virtual currencies