So far, 2014 has not been a good year for Bitcoin. The crypto-currency’s price has been extremely volatile, one of its most important exchanges has had major software issues, and just the other day $2.5 million worth of the virtual cash was hacked from a new online black market for drugs called Silk Road 2.0.
All of the bad news has had many people asking whether this is the end for the new form of online cash. Advocates say this is just growing pains, but critics say it reveals deeper problems.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.