As if EUR, USD and other currencies did not have enough shocks yet, here comes another: bitcoin.
Bitcoin is a new kind of currency: it is the first truly digital currency. It uses peer-to-peer technology to enable instant payments to anyone, anywhere in the world.
There is one thing, though, that all currencies have, but bitcoin does not have: a central authority. There is no central bank or regulator that governs bitcoin; all payments are done peer-to-peer.
Will bitcoin gradually replace traditional currencies? We shall see.