BITCOIN: ALL HYPE OR A BRAVE NEW WORLD?

摘要

As we begin the new year, one of the biggest questions has to be whether 2013's big bubble of Bitcoins will continue or whether it is just a bubble that's about to burst. Advocates would obviously claim the former and critics the latter, and both have some substance. On the advocate's side, the economy is in its early days and, like any new form of commerce, will have its challenges. The greatest of these is government resistance. Governments, along with the media, have labelled Bitcoin as an economy that fuels the drug trade, terrorism, money laundering and illicit crimes.