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article imageOp-Ed: Has Bitcoin come of age?

By Alexander Baron     Mar 27, 2013 in Business
One of the big stories on the BBC ‘Newsnight’ programme earlier this week was the crisis in Cyprus; another was Bitcoin. Could there be a connection?
The second story was given considerable time - nearly nine minutes - on the Newsnight programme Tuesday night, and the often pugnacious Jeremy Paxman was asking thoughtful questions about it rather than bullish ones. If you are no au fait with Bitcoin or other virtual currencies, you will find some background information here.
The studio critic was rather skeptical about Bitcoin if not of virtual currencies in general, but Paxman also spoke to American financial blogger Trace Mayer, who currently has a half hour interview about Bitcoin on his website.
There are still security and other issues with Bitcoin, but here is a list of places that are currently accepting it: https://www.spendbitcoins.com/places/
When big companies like Amazon and Microsoft join that list, you'll know it has really arrived. In the meantime, perhaps this is a way out for the people of Cyprus?
This opinion article was written by an independent writer. The opinions and views expressed herein are those of the author and are not necessarily intended to reflect those of DigitalJournal.com
More about bitcoin, jeremy paxman, trace mayer
 
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