The Winklevoss twins' attempt to transition from Facebook
litigants to Bitcoin entrepreneurs this month was largely
derided. While it's hard to imagine US regulators will ever
approve the brothers' proposed Winklevoss Bitcoin Trust initial
public offering, the fact such a product has even been
suggested points to a development much harder to ignore:
Bitcoin's assimilation into the mainstream.
Created in 2009 by an anonymous programmer, the concept
consists of a crypto-currency removed from the consequences of
a traditional banking system. Its value rides on the...