Browsing: Currency

We had mentioned the introduction of alternative mechanisms of trade and specifically bitcoins in a previous blog (Read it here). They have been in the headlines recently and you should be aware of bitcoins and their impact. In July 2010, a bitcoin was worth about 1 cent – a few days ago, it was valued as high as $147 and the total value of all bitcoins has exceeded a billion dollars!! It is now being compared to the historic tulip bubble in Holland.

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