Thursday, September 6, 2012

Bitcoin Scam or Not?

Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world.

Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network.

Bitcoin is also the name of the open source software which enables the use of this currency.

What do we think of Bitcoin?

I like the fact that it is not controlled by a government.

However, trust is something that must be earned. Review your experience with Bitcoin or state your opinions below.

1 comment:

  1. If you trust computers more than physical then wow! However, it does not hurt to try bitcoins. Just do not put all of your eggs in one basket.