We decided to invest in the anonymous, non Gold based digital currency Bitcoin about 3 weeks ago and experienced a slow down in the account authentication process at the exchange Coinbase.
The online interface for the San Francisco base currency exchange entity is very well designed and at the end of the verifying your ID process, it requested pictures of the front and back of your drivers license. We took the pictures with our smart phones and uploaded to Coinbase. This is when we got the dreaded processing spinning icon you see in the screenshot below. It may have been because my picture on my drivers license did not look like my picture on the webcam picture of me required in the authentication process. They probably use facial recognition software to avoid fraudulent activity.
Maybe the slowdown was because the value of one bitcoin has increased from $8,000 in November to almost $20,000 today(December 19th)!