Here is my attempt at explaining Bitcoin. I'll start with some history, move on to breaking down the basics of the technology, and then talk about some of the pros and cons of this new and exciting virtual money system; a type of money known as cryptocurrency. History: Satoshi Nakamoto created an ingenious cryptocurrency model back in 2008; a virtual currency system known as Bitcoin.
Bitcoin News & Opinion Articles
|Bitcoin For Dummies!|
|Sat Jun 21, 2014|
Despite recently becoming immensely rich, Redacted correspondent John F. O'Donnell takes the time to sit down and explain how Bitcoins work and how they could revolutionize the global...
|Mt. Gox Bitcoin Exchange Files for Bankruptcy|
|Fri Feb 28, 2014|
The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850,000 bitcoins, worth several hundred million dollars, are unaccounted for.
|Digital doubts after Bitcoin debacle|
|Tue Feb 25, 2014|
After Mt. Gox, once the world's biggest bitcoin exchange, ceased trading Tuesday, the future of the digital currency is up for debate. Bobbi Rebell reports.