29 Mar '13, 11pm

Intro to Bitcoin: What It Is, And Why Everyone’s Talking About It: If you’re like most people, you’ve probably...

Intro to Bitcoin: What It Is, And Why Everyone’s Talking About It: If you’re like most people, you’ve probably...

Intro to Bitcoin: What It Is, And Why Everyone’s Talking About It By Adriana Lee | March 29, 2013 1 Share If you’re like most people, you’ve probably bought something — anything — online. And chances are, you used PayPal, a credit card or some other means (like maybe a gift card or house credit). What most people don’t do is pay for the transaction using Bitcoins. But that may be changing. Those who are familiar with Bitcoin know that it’s a highly sought-after form of tech-driven money. It is an open-source, peer-to-peer virtual currency that exists purely in digital form, which means there is no direct offline equivalent. That’s not to say it doesn’t have real cash value; as of this writing, it’s roughly $78 USD. That can, however, fluctuate — like any other currency exchange. While Bitcoins operate under a MIT licensure, which gives them the right to be freely distribut...

Full article: http://www.technobuffalo.com/2013/03/29/introduction-to-b...

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Bitcoin

Bitcoin

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