Bitcoin is the fastest-growing asset in the world this year, but the virtual currency does not appear to have many users in Londons tech district. It has been more than a month since bitcoin was used to buy a flat white or craft beer sold at the Old Shoreditch Station, according to the hospitality manager at the east London bar. Bitcoin is a digital currency, also known as a cryptocurrency, that emerged after the financial crisis and is not underpinned by a central bank. It allows people to bypass banks and traditional payment methods for goods and services an idea that has evidently caught the imagination of some investors, because its price has surged by more than 900% in 2017. Bitcoin created by miners who use high-powered computers to solve complex mathematical problems must be stored online using a digital wallet, and can be bought or sold using exchanges such as Bitstamp, Bithumb and Kraken.