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The author of The End of Money: Counterfeiters, Preachers, Techies, Dreamers – And the Coming of Cashless Society, David Wolman, in a blow to Bitcoin, said that the latest crazy episode won’t mean the end of bitcoin so long…>read moreNo Comment February 25, 2014
One of the first successful implementations of a distributed crypto-currency, Bitcoin was designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities. The Bitcoin is called a…>read moreNo Comment February 11, 2014
If money is the root of all evil, how about fake money? How about Bitcoins, this made-up currency that is trying to be the universal money of the internet? It seems even fake money tends to corrupt, if there…>read moreNo Comment January 28, 2014
Unlike any currency ever created, Bitcoins are governed by a computer protocol, rather than a central authority. Instead of serving one country or a group of countries, Bitcoin serves the whole world – a global currency. Bitcoin is…>read moreNo Comment January 14, 2014
Introduced in 2009 by developer Satoshi Nakamoto, Bitcoin is a peer-to-peer payment network based on an open source protocol and a digital currency that is used in the network. The decentralized digital currency enables instant payments to anyone,…>read more2 Comments January 1, 2014
The message was sent out on Twitter: “For insane profits come and join the pump.” The invitation was to a penny stockstyle pump and dump scheme, only this one involved Bitcoin, the ascending, slightly daunting virtual currency that has…>read moreNo Comment December 6, 2013