Allowance Watch '14: You Can Earn 5 Bitcoins A Week These Days But You're Not Gonna If This Trash Doesn't Make Its Way To The Curb In The Next 5 Minutes

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People worldwide have opened 41 million bitcoin accounts, according to the Bank of England. While the total value of bitcoin commerce isn’t known, Gil Luria, an analyst at Wedbush Securities Inc., estimates global spending on goods and services has doubled in the past year. Parents are dispensing allowances in bitcoins so their kids learn to be digital citizens. Marijuana smokers are buying buds from bitcoin-enabled vending machines. Consumers in emerging markets such as Brazil and Russia are starting to use bitcoin to hedge against currency volatility. [Bloomberg]

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