05 Apr '13, 6pm

Bitcoin for Beginners, Part II

But still I wondered what exactly I could do with these things. That’s when the consumer world of Bitcoin products appeared before me. We aren’t just talking about Silk Road — a website that became notorious for enabling the easy, anonymous buying and selling of drugs. There are Bitcoin stores everywhere. And there are services through which you can buy from any website with a Bitcoin interface. There was even talk of Bitcoin futures markets. Some companies were rumored to be going public with Bitcoins, thereby bypassing the whole of the Securities and Exchange Commission. The implications are mind-blowing.

Full article: http://lfb.org/today/bitcoin-for-beginners-part-ii/?sourc...

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