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Is bitcoin's rise a boon or bane for businesses?

As the virtual currency is here to stay, businesses should be alert to risks from its use

Useful but volatile: Proponents of bitcoin point to the many benefits that the cryptocurrency offers over the traditional currency, but critics argue that the inherent volatility of bitcoin prevents it from being widely adopted.

IN September this year, bitcoin made headlines when Braintree, a PayPal subsidiary, announced that it was making its "first foray" into accepting the virtual currency, with its CEO Bill Ready announcing that "over the coming months we'll allow our merchants to accept bitcoin". Gill Luria, an...

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