23 Mar '13, 8pm

Have You Heard of Bitcoin?: It’s a virtual currency that travels beyond the reach of banks and centralized re...

“Bitcoin is to banks what email was to postal offices,” says Mihai Alisie, editor of Bitcoin Magazine. “Instead of going through a bank, respecting their schedule, paying their fees, I can transfer money to Ethiopia, India or China without anyone knowing who’s behind address B and address A.” It is currently being used, for example, to surmount the funding block on WikiLeaks, in which American and European credit card companies have cooperated with government requests to prevent any money from being donated to the whistle-blowing organization.

Full article: http://www.truthdig.com/avbooth/item/have_you_heard_of_bi...

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