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Uncovering the dark side of cryptocurrency - 60 Minutes Australia
60 Minutes, the CBS news show that has been running since , will feature El Salvador's Bitcoin Beach in a new episode airing on April Ten years ago, a mysterious computer programmer invented a new type of money that wasn't backed by any government or kept in any bank. But wander down El Zonte's winding dirt roads and it's easy to spot a different kind of tourist. Sign up for 60 Minutes.

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You can pay your dentist, the electric bill or for a cup of coffee with bitcoin. It's, you know, obviously lives on the internet. Edited by Craig Crawford. His company was required to monitor its customers and report any suspicious activity. Cash has always been king, which made convincing people in El Zonte to work for bitcoin, a currency they couldn't hold or see, especially difficult.