Although Bitcoin has its charms, it is proprietary and is not part of, or backed by, any government. Only a finite number of Bitcoins have been created, which helps make Bitcoins seem to be more valuable than they actually are. By limiting the number of coins made, combined with the hype, have pushed up the price of Bitcoins.The rise of bitcoin is the leading story in technology innovation in 2013. The use of this new digital currency has its pros and cons. This article will focus on the history of bitcoin and if its future will be bright and shiny or merely fade away.
