Support for LAist comes from
Audience-funded nonprofit news
Stay Connected
Audience-funded nonprofit news
Listen
Podcasts Take Two
Is it the beginning of the end for Bitcoin?
solid orange rectangular banner
()
Feb 25, 2014
Listen 4:37
Is it the beginning of the end for Bitcoin?
Could it be the beginning of the end for Bitcoin? Shares of the virtual currency are plummeting after its main trading platform abruptly went offline this month.
How low will they go?
Bitcoin.
(
Jens Kalaene /DPA/LANDOV
)

Could it be the beginning of the end for Bitcoin? Shares of the virtual currency are plummeting after its main trading platform abruptly went offline this month.

Shares of the virtual currency Bitcoin are plummeting after its main trading platform abruptly went offline this month.

One blogger likened it to the failure of Bear Stearns -- the canary in the coal mine before the 2008 Financial Crisis. To help try to begin to explain this we called Cameron Ken, a Certified Public Accountant and a contributor at Forbes.