How the cryptocurrency could become the internet of money.
THE father has been found in time for his child’s funeral. That would appear to be the sorry state of affairs in the land of Bitcoin, a cyptocurrency, if recent press coverage is to be believed. On March 6th Newsweek reported that it had tracked down Satoshi Nakamoto, Bitcoin’s elusive creator. And on March 11th Mt Gox, the Japanese online exchange that had long dominated the trade in the currency before losing $490m of customers’ Bitcoins at today’s prices, once more filed for bankruptcy protection, this time in America.
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