New virtual currencies a risky bet for corporations
Virtual currencies have been in the news lately, with Bitcoin in particular gaining attention from an influx of new users and acceptance at thousands of retailers. But should all treasury groups consider using virtual currencies? If so, what are the risks?
OkCupid, an online dating service, readily accepts Bitcoins. According to OkCupid CEO Sam Yagan, OkCupid and Bitcoin are a perfect match: OkCupid is applying mathematical algorithms to the way people think about love while Bitcoin is doing the same for currency.
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