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Online-Only Currency BitCoin Reaches Dollar Parity

February 10th, 2011 02:59 admin Leave a comment Go to comments

The Almighty Buck

IamTheRealMike writes “The BitCoin peer to peer currency briefly reached exchange parity with the US dollar today after a spike in demand for the coins pushed prices slightly above 1 USD:1 BTC. BitCoin was launched in early 2009, so in only two years this open source currency has gone from having no value at all to one with not only an open market of competing exchanges, but the ability to buy real goods and services like web hosting, gadgets, organic beauty products and even alpaca socks.”

Source: Online-Only Currency BitCoin Reaches Dollar Parity

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