Inside Story - Cashing in on the Bitcoin boom [0wp8jDYD4R7]

Inside Story - Cashing in on the Bitcoin boom [0wp8jDYD4R7]

| 1h 28m 28s | Video has closed captioning.

Subscribe to our channel Subscribe to our channel The value of the virtual currency Bitcoin has hit an all-time high. The financial crisis in Cyprus has driven many people to seek out alternative homes for their money. Some investors in the Mediterrranean island nation stand to lose up to 80 percent of their savings, as part of strict conditions attached to a $13bn bailout. And there are fears other countries could suffer the same fate, this situation shaking consumer confidence in traditional banks, and adding to a surge in trading in these so-called Bitcoins. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: Instagram: Twitter: Website: google+: #bitcoin solo miner #live bitcoin