Friday 21 June 2013

Online anonymity is holding back Bitcoin



As the ongoing economic uncertainty has continued to cause global currencies to fluctuate, consumers and investors alike are increasingly looking for alternative options. As a result, digital currencies such as Bitcoin have come to prominence recently as an exciting and important innovation. However, they're also dividing opinion.


There's no doubt there is massive potential for Bitcoin. Recent estimates place the amount of bitcoins in circulation around 11 million, with a collective market value approaching $1.4 billion at current rates. Users are drawn to the inherent anonymity that the currency provides, making it particularly attractive for the shadier corners of the "dark web".


By: Mark Courtney, Edited by: Olivia Solon


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via Wired.co.uk



http://www.wired.co.uk/news/archive/2013-06/21/anonymity-holding-back-bitcoin

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