Bitcoin has won the TechCrunch Best Technology Achievement award at the 2013 Crunchies.
The 7th annual award ceremony was held last night in San Francisco and it was put together by TechCrunch, Gigaom and VentureBeat.
The fact that TechCrunch readers voted for bitcoin probably caused a problem or two for the organisers. Satoshi Nakamoto was a no-show, so Peter Vessenes, Chairman of the Bitcoin Foundation, accepted the prize in his place.
TechCrunch went on to conclude that bitcoin is “almost mainstream” and that it seems like it is here to stay.
However, there were some positive developments that can't be overlooked. Microsoft’s Bing search engine added a bitcoin converter just the other day.
have gotten on board over the past few weeks and the New York bitcoin hearings ended on a high note, although they were overshadowed by the Shrem affair.
The sheer amount of coverage has increased, too. Bitcoin is no longer reserved for specialised publications and tech sites, as mainstream media sites show increasing interest in the fledgling currency.
Financial institutions are looking into bitcoin too, and some have already issued relatively positive reports on the currency and the future of digital currencies in general.
Bitcoin still has its ups and downs, but it is easy to argue the biggest positive development on the public relations front does not have anything to do actual news.
The fact that the media focus is no longer on price and speculation means that interest is now shifting to more serious issues like real world applications of digital currencies and regulatory issues.
In other words, attention seems to be shifting toward the areas that are integral to the growth of the bitcoin economy as a whole.
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