On Jan. 1, 2013, a single bitcoin would have cost you a little over $13. Presuming you didn’t spend it on a pizza in the meantime, by early December 2013, your bitcoin would have increased in value by over $1,000, only to fall back to around $400 by the middle of April 2014 (then shooting back up to around $650 by early June).  This volatility imperils the use of bitcoins for payment of day-to-day expenses because yesterday’s pizza could be tomorrow’s fortune and vice ...

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