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INFOGRAPHIC: Bitcoin a new monetary era

Cecilia Jamasmie | April 4, 2013 | 6:15 pm Precious Metals Canada Europe Gold Silver

Everyone seems to be talking about Bitcoin these days. The encrypted virtual currency that began in 2009 and reached $1 billion in total value this week continues to attract headlines, as the trading platform fights cyber attacks.

The currency has experienced 2200% growth since last year, but in a tweet yesterday, MTGox exchange —which handles most trades in Bitcoins— said the site continues to be bombarded with huge amounts of data.

To better understand this new phenomenon the folks at Visual Capitalist have put together the following infographic: