Excuse the off-topic pedantism, but technically July and August were renamed as such, not inserted.

Report on Financial Times blog today:

http://ftalphaville.ft.com/blog/2011/06/06/585756/virtual-money-from-real-central-bank-mistrust/

From today's Financial Times article, which itself is quoting New Scientist:

What Bitcoin lacks is “a clear attribution of a guarantor for every unit of currency”, says Ashish Goel of Stanford University, who is developing his own peer-to-peer currency model. “In centralised currencies such as the US dollar, guarantors are governments. For P2P currencies, it should be individuals.”

Did a very quick google search and couldn't find any more information, but according to his Stanford University page he also serves on the technical advisory board for Twitter. Could be interesting!

It was brief, and came back down to 12.5 pretty quickly. Still, for a moment it appeared to be worth more in GBP than in USD.  God knows what'll happen to the price when America wakes up.

Tipping point?

edit: Source: Britcoin.co.uk

There's an article in the current print edition of New Scientist - unfortunately you can't read online in full without a subscription.

http://www.newscientist.com/article/mg21028155.600-future-of-money-virtual-cash-gets-real.html

http://www.newscientist.com/article/mg21028153.200-future-of-money-back-to-a-networked-future.html