Bitcoin's price soars to over $200

The digital currency's value balloons as awareness about it grows globally and Europe's debt troubles deepen

By Zach Miners, IDG News Service |  IT Management

But as a decentralized platform for peer-to-peer online payments, Bitcoin is the biggest player, and it has the first mover advantage, Bitcoin Foundation's Matonis said.

Zach Miners covers social networking, search and general technology news for IDG News Service. Follow Zach on Twitter at @zachminers. Zach's e-mail address is zach_miners@idg.com

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