EIN033_Why criminals love bitcoins so 【Tambaboon IELTS Lab Sydney Australia】 英語 オーストラリア ニュース

I found noteworthy news on The Japan Times.
REUTERS reported this story on Sunday, March 15, 2014.

Online currency easier to steal and trade — but all transactions can also be traced
SINGAPORE – Criminals may already have made off with $500 million worth of bitcoins since the virtual currency was launched in 2009 — and you can double that if they emptied Mt. Gox’s coffers.
Internet criminals, security experts say, are attracted to bitcoins because of their stratospheric rise in value, because they are easier to steal than real money and because they are easier to trade with other criminals. But, they add, bitcoin will survive the damage.

Statement analysis
-------------------------------

1. Online currency easier to steal and trade 
2. — but all transactions can also be traced

1. Criminals may already have made off with $500 million worth of bitcoins 
2. since the virtual currency was launched in 2009 
3. — and you can double that if they emptied Mt. Gox’s coffers.

1. Internet criminals, security experts say, are attracted to bitcoins 
2. because of their stratospheric rise in value, 
3. because they are easier to steal than real money and 
4. because they are easier to trade with other criminals. 
5. But, they add, 
6. bitcoin will survive the damage.

Word vocabulary - English
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make off
abscond: run away; usually includes taking something or somebody along

emptied
remove all the contents of (a container)

coffer
a strongbox or small chest for holding valuables.

stratospheric
(stratosphere) the atmospheric layer between the troposphere and the mesosphere


Word vocabulary - Japanese
----------------------------------------------
make off
急いで［こっそり］逃げる

emptied
《be ～》空になる

coffer
kɔ́ːfə[r]
【名-1】貴重品（を入れる）箱
【名-2】金庫、財源◆通例 coffers
【＠】コーファー、コッファー、【変化】《動》coffers | coffering | coffered、【分節】cof・fer

stratospheric
【形-1】成層圏の
【形-2】非常に高い


Reference
-----------------------------
REUTERS. (2014). Why criminals love bitcoins so.  Available: 
http://www.japantimes.co.jp/news/2014/03/15/business/why-criminals-love-bitcoins-so/#.UyTSlvl_sn4
  Last accessed 16th Mar 2014.

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