Bitcoin vs. Ben Bernanke

Could a virtual currency created by an anonymous Internet hacker someday replace the U.S. dollar? What seems like a ridiculous question has become more intriguing as trading in the digital money called Bitcoin has surged more than 300 percent in the past year to roughly 60,000 transactions per day.

Gavin Andresen, the 46-year-old lead software developer for the Bitcoin project, is eager to find the answer. “I’m hoping to learn,” he says, whether “a nongovernmental global currency” is possible.

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About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

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