麻豆约拍

The past week saw the value of the crypto currency Bitcoin peak at $11,000, sending shockwaves through the financial sector. Having started out in 2009 with just a tenth of that value, the currency and the arcane technology behind it is being held up as a revolution in how we do our financial transactions. But without any physical asset backing it or banks underwriting it, how does Bitcoin hold value as we would traditionally understand it?