The
Economist
Nov 30th
2013
It looks
overvalued. But even if this digital currency crashes, others will follow
BITCOIN is
booming. Investors are piling into the digital currency, which is not issued by
a central bank but is conjured into being by cryptographic software running on
a network of volunteers’ computers. This week the price of a Bitcoin soared to
above $1,000, from less than $15 in January.
