Bitcoin optimistic despite major setback

'The money of the future' experiences a setback after shutdown of its online exchange amid claims of fraud and theft.

Last updated: 27 Feb 2014 02:02
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The digital currency, Bitcoin, was described as the money of the future, and destined to become a part of our everyday lives. But now, after its largest online exchange was shut amid claims of fraud and theft, serious doubts hang over its future.

Al Jazeera's Tarek Bazley spoke to Jon Matoni, executive director of Bitcoin Foundation, at the Mobile World Congress in Barcelona, Spain.


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