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new momentum after the 
banking crisis in Cyprus pushed depositors there to find creative ways to 
move money. Fink, the Argentine, favors bitcoins because he believes they 
will insulate him from his country's high inflation. Others -- from Iranian 
musicians to American auto dealers -- use the currency to dodge international 
sanctions or reach new markets.But the anything-goes nature of Bitcoin has 
also made it attractive to denizens of the Internet's dark side.One of 
the most prominent destinations for bitcoins remains Silk Road, a black 
market website where drug dealers advertise their wares in a consumer-friendly 
atmosphere redolent of Amazon or eBay -- complete with a shopping cart 
icon, a five-point rating system and voluminous user reviews. The site uses 
Tor, an online anonymity network, to mask the location of its servers, 
while bitcoin payments ensure there's no paper trail.One British user told 
the AP he first got interested in Silk Road while he was 
working in China, where he used the site to order banned books. 
After moving to Japan, he turned to the site for an occasional 
high."Buying recreational drugs in Japan is difficult, especially if you 
don't know people from growing up there," said the user, who asked 
for anonymity because he did not want his connection to Silk Road 
to be publicly known.He warned that one of the site's drawbacks is 
that the drugs can take weeks to arrive "so there's no spontaneity."Drug 
dealers aren'
 smartphone and walked away with the cash."It's something that is 
new," said Fink, 24, who described the deal to The Associated Press 
over Skype. "And it's working."It's transactions like these -- up to 70,000 
of them each day over the past month -- that have propelled 
bitcoins from the world of Internet oddities to the cusp of mainstream 
use, a remarkable breakthrough for a currency that made its online debut 
only four years ago.When they first began pinging across the Internet, bitcoins 
could buy you almost nothing. Now, there's almost nothing that bitcoins 
can't buy. From hard drugs to hard currency, songs to survival gear, 
cars to consumer goods, retailers are rushing to welcome the virtual currency 
whose unofficial symbol is a dollar-like, double-barred B.Advocates describe 
Bitcoin as the foundation stone of a Utopian economy: no borders, no 
change fees, no closing hours, and no one to tell you what 
you can and can't do with your money.Just days ago the total 
value of bitcoins in circulation hit $2 billion, up from a tiny 
fraction of that last year. But late Wednesday, Bitcoin crashed, shedding 
more than 60 percent of its value in the space of a 
few hours before recouping some of its losses. Critics say the roller 
coaster currency movements are just another sign that Bitcoin is a bubble 
waiting to burst.Amid all the hype, Bitcoin's origins are a question mark.The 
mechanics of the virtual currency were first outlined in a research p



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