Miller notes that the best way to think about bitcoin at this moment is as a non-correlated asset most similar to gold. Other potentials of bitcoin that he points out include its possibility to become a payment system, a viable currency, and the likelihood of central banks around the world to think of it as another potential asset. Charlie Shrem and Robert Faiella, both operators of bitcoin exchange businesses, have been charged with attempting to sell $1million in the digital currency. Bitcoin futures: CME, the derivatives marketplace, kicked off electronic bitcoin futures trading on Sunday, a week after futures trading began on the Chicago Board Options Exchange. Investors see the involvement of top financial institutions as a sign of growing mainstream acceptance -- even as government officials, business leaders and economists continue to warn against investing in it. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. The Winklevoss twins are the world’s first bitcoin billionaires. The twins have invested and reaped a 10,000 per cent rise in the cryptocurrency.
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