Where Next For Bitcoin?

Hardly a month goes by without another story about Bitcoin in the mainstream media. Despite volatility and mixed reaction from economists, all the signs are there that both retailers and investors are beginning to take the digital currency seriously. Just last year, for example, a story broke about an individual from the UK who was scouring landfill sites for the hard drive he trashed, after discovering the 7,500 bitcoins it held were worth $7.5m.

Subsequently, the currency crashed when the Bank of China prohibited Chinese financial institutions from adopting it, however, it...