Bitcoin Is Not Just a Cryptocurrency

The value of Bitcoin skyrocketed to a new record of $900 today. The Mt Gox online exchange based in Japan was hacked out of 850,000 coins earlier this week valued at near half a billion dollars. So is Bitcoin headed for the mainstream or oblivion? What problem does it solve or is it a solution in search of a problem and perhaps most important? Should you care? From WNYC this is Freakonomics Radio,.