God nyhed!
Bitcoin, the world's first open source cryptographic currency, which has been on a tear since the beginning of this year, set a new record for itself yesterday afternoon as the price listed on the largest online exchange rose past US $92. With nearly 11 million Bitcoins in circulation*, this sets the total worth of the currency just over one billion dollars.
For a bit of perspective, that's how much Facebook spent on its acquisition of Instagram last April. But Bitcoin is not a company. It's a digital currency that runs on a global peer-to-peer network without the backing of a nation or any other central authority. The recent ascent has traditional economists scratching their heads.
