Bitcoin, The Cryptography-based Currency Continues To Rely On Banks For Security

Reddit’s r/bitcoin is a popular forum where BTC enthusiasts shared news links and anti-establishment jokes. The site was so influential among the community that a recent book about Bitcoin called The Anatomy of a Money-like Informational Commodity discussed the viability of using the number of registered members of the forum as a way to gauge the market sentiment.
One of the most upvoted post on the channel yesterday is one entitled Worst Night of My Life, in which a Bitcoiner recounted how his family responded after they discovered that his parents’ house have been broken into and the safe stolen by the burglars.

This post was published at Forbes on 9/04/2014.