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Bitcoin Catches On With Gold Bugs

Digital currency is increasingly popular with investors who question stability of paper money

Kanishka Sukumar, a consultant who works in midtown Manhattan, says his parents often stash money in gold for safekeeping. But the 24-year-old thinks there is a better place for his savings.

"In times of financial turmoil, I would prefer to see a portfolio full of bitcoin,” said Mr. Sukumar, who holds about one-third of his wealth in the...

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