The digital currency Bitcoin has increased dramatically in the last few weeks, dividing opinion. Some see it as a new world currency that will destroy the power of the big banks, while others see it as a dangerous bubble. The main problem with Bitcoin, up to now at least, is that it has had a virtual value – there were not many actual goods you could buy with it.
That seems to be changing. In the area of Kreuzberg in Berlin district of Kreuzberg, as this 7-minute film shows, Bitcoin is being traded as an alternative local currency and is used to buy ordinary tangible products: food, drink, vinyl records.
One platform used is EasyWallet.org.
Bitcoin is particularly popular with people from countries suffering badly in the recession – Spain…
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