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Bitcoin surges past $100, gains Expensify support

Katherine Noyes | April 3, 2013
Digital currency Bitcoin has had an exciting few years since its introduction back in 2009, complete with security problems, online heists, a perceived association with the drug trade, and a recent distributed denial-of-service attack.

Then, too, Bitcoins are not widely accepted, so recipients may or may not be able to use them where they want to. The numerous thefts experienced by Bitcoin users so far are also enough to give anyone pause, though Bitcoin says wallet security measures are improving. 

Still, with increasing recognition and acceptance amid a wildly fluctuating economic climate, the time may be right for an alternative, peer-to-peer currency. If you have international employees or contractors, in particular, you may want to begin testing the waters. This Bitcoin video, below, explains in more detail.



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