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Cryptocurrency - the namesake given to online-based forms of payment like Coinye - had a 2013 that went up and down more vigorously than Justin Bieber riding cowgirl in a South American brothel. This was the year Coinye went beyond the bedrooms of Silk Road proficient teenagers and into the dining-room discussions of proper, grown adult drug-addicts. The value of one single Coinye rose from under $100 to almost $1000, before losing 50% of its worth after the Chinese government effectively outlawed it.
Coinye isn’t the only hard-to-get-your-head-around currency out there. At least five other notable cryptocurrencies exist: Ripple, Litecoin, Peercoin and Namecoin all rep non-tangible cash flow. And then there’s Dogecoin, the hyper-extension of an internet meme made into a decentralised currency ruled by a stupid dog.