Bitcoin’s crisis is turning point for currency

The crypto currency's latest turmoil will determine whether the whole experiment goes the way of Dutch tulips in the 1600s or becomes a historic technological breakthrough like email

Many bitcoin users are probably too young to remember the Notorious B.I.G.’s 1997 rap hit “Mo Money Mo Problems.” A YouTube trip down memory lane won’t be a waste of time: Mo virtual money, mo problems.

After weeks marked by technological breakdowns, regulatory issues and general questions over its viability, bitcoin is in the midst of the worst crisis since it was proposed in a white paper in 2008.

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