The encrypted digital currency Bitcoin is rising pretty fast. Though it already run into a lot of issues, still it already managed to pass $1 billion in total value.
With nearly 11 million Bitcoins in circulation, and exchange value rise to US $92 per Bitcoin, the total valuation becomes $1 Billion. Interesting things is just one month ago this exchange rate with USD was $32 and that was even highest record on that time. But in last few weeks exchange rate is increasing like crazy.
Though we have seen numerous news on Bitcoin hacking attempt, technical difficulties, transaction policy issue. So the rise was not all success story, still Bitcoin has to fight with a lot of different things.
Lets hope it finds its own path, and lead to its goal “A Dream to true Open Currency”.
Thanks: IEEE Spectrum