When a currency’s exchange rate shoots from 1:13 USD to over 1:1000 USD in a single year, you can bet it will make headlines around the world. Such is the story of Bitcoin, a cryptocurrency which debuted in 2009 as a means of peer-to-peer payment online.
But what happens when an online currency makes the leap offline? With merchants around the world embracing the cryptocurrency, the implications are global. Hedge funds are trading it, governments are banning it, and consumers? They’re spending it.
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