Bitcoin: Virtual currency gets boost from eurozone troubles

The eurozone crisis and its latest Cyprus episode has led to a boost in the value of an Internet-based currency known as bitcoin, with Finns now the largest per capita users.

One bitcoin was trading at over €100 on 3 April 2013, a tenfold increase compared to only three months ago.

But bitcoin's gain is not only due to Cyprus' pain, says Jon Matonis, the board director of Bitcoin Foundation - an outfit promoting the virtual currency.

• Primary Source

Bitcoin: How does it work? http://bitcoin.org/en/how-it-works

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