Tag: virtual currency
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Bitcoin value overtakes gold for first time
The digital cryptocurrency known as Bitcoin has exceeded the value of gold for the first time since the introduction of the payment method in 2009. Demand for the digital currency has skyrocketed in recent times,particularly in China. Its stock price closed today at a base value of US$1268, with an ounce of gold trailing it at…
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Did an Aussie create Bitcoin?
The digital currency, Bitcoin, has been in the news lately with a Brisbane based engineer and computer scientist named Craig Wright claiming he created the payment network under the pseudonym Satoshi Nakamoto. His statements have come under much scrutiny, with many people either coming out in support of him or denying that he is truly…