Here come the geeks, and this time they're rich

Here come the geeks, and this time they're rich

Bitcoin is due to change the face of finance, but could have interesting social effects too, according to a leading security researcher. Mikko Hypponen, chief research officer at F-Secure, believes Bitcoin could have a major impact beyond online payments. He said: "I first heard about Bitcoin in 2009 and thought it was very interesting and invented by a genius. I first thought it was a huge waste of computing power but them realised that the system was doing something useful - tracking transactions. I'm not sure that Bitcoin will be the breakthrough digital currency, but it will be....


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