Bitcoin worth three times more than gold

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By Euronews
Bitcoin worth three times more than gold

Bitcoins are now worth almost three times as much as an ounce of gold.

For the first time ever, the crypto-currency is worth over 2890 euros per coin. After a month of turmoil for the currency which was created to transcend country borders, the introduction of bitcoin cash machines helped a 50% rise. But that’s nothing compared to the 30,000% increase over the past five years.

The currency has always been marred though by the anonymous nature of transactions and ownership, attracting criminals the world over.