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JK: Do not think people are hedging on the euro with bitcoin. The crisis brought a additional attention and exposure to Bitcoin. People found out about bitcoin because for this euro crisis, but we aren't flooded by people from Cyprus trying to get bitcoins, so it is not an instantaneous correlation.
Silk Road had experienced operation since 2011, with grown into a size of 957,000 users transacting earnings of 7.5 million Bitcoins, the equivalent more than $1 billion dollars. Ulbricht is alleged to watch out for more than $20,000 each from running the world wide web site.
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World Paper Money To Replaced By Electronic-Digital Currency
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Thailand: World's First Bitcoin Ban
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Bitcoin Breaks $100 Usd
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