Bitcoin, the alternative cryptocurrency, is the trendiest answer to "What's in your wallet?" since, well, a certain credit card. The value of Bitcoins has skyrocketed over the last year, as the digital currency is used to pay colleges tuitions, assassins' contracts and the paycheck for a police chief in Kentucky. Now there's another online currency, Litecoin, which was created by former Google employee and MIT student Charles Lee to correct some of Bitcoin's flaws. RT's Meghan Lopez asks Yanis Varoufakis, political economist and author of "The Global Minotaur," if cryptocurrencies are just a flash in the pan, or if they're the financial future of the world.
The fallout was still being discussed this week of a pair of US B52 bombers roaming into disputed airspace in the South China Sea. I doubt this will be the last roaming as the US continues its "pivot to Asia", drawing closer ties with Australia and particularly Japan and Taiwan in response to this latest territorial dispute.