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Bitcoin’s style over substance

This post is written by Daniel Lowther, Head of FinTech, CCgroup

bitcoins

This week eBay UK announced it plans to allow its customers to buy and sell virtual currencies (including bitcoin) via a dedicated channel on its website. Also this week, the University of Cumbria revealed that it will allow some students to pay their tuition fees using the currency.

These are just the latest in a long list of headline grabbing stories about the digital currency, that range from the currency being used to pay for drugs, regulatory  crackdowns and a Norwegian man realising he has a small fortune in bitcoins.

This raises an important question. Why has the technology become a media darling? Read more

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