15 Apr '13, 11pm

Explaining Bitcoin Without Buzzwords

Explaining Bitcoin Without Buzzwords

Photograph by Chris Ratcliffe/Bloomberg After starting as a hobby among computer geeks, Bitcoin is going mainstream. Techies are trumpeting a so-called virtual currency called Bitcoin that they say could revolutionize global trade. Financial wonks are shouting from various corners of Wall Street about the regulatory pitfalls and the volatility, highlighted by a tumble in valuation that brought Bitcoin to the world’s attention. Meanwhile, many of us don’t understand what a Bitcoin is, despite all the coverage. Bloomberg.com attempts to answer your questions, and we promise not to use the term “virtual currency” again here. What is Bitcoin? It’s like the U.S. dollar, the euro or the Mexican peso — except that it’s not controlled by any country; you can’t hold one; and you can’t buy many things with it right now. Some tech-savvy companies are starting to accept payments in Bi...

Full article: http://go.bloomberg.com/tech-deals/2013-04-15-explaining-...

Tweets

Bitcoin Has A Gigantic Night

Bitcoin Has A Gigantic Night

businessinsider.com 19 Apr '13, 8am

Why Microsoft's Windows Revenue Is Flat Despite The Fact That The PC Industry Is Imploding Why Microsoft's Windows Revenue...

From miyagi.sg: Explaining Boston To A Four Year Old:

From miyagi.sg: Explaining Boston To A Four Yea...

miyagi.sg 17 Apr '13, 12am

Yes­ter­day morn­ing on wak­ing up, I checked my phone for mes­sages, and read about the Boston Marathon bomb­ing. As Naom...

"I'm heavily invested in something called bitco...

colbertnation.com 18 Apr '13, 7pm

The Colbert Report Full Episodes About The Colbert Report Tickets for The Colbert Report Buy The Colbert Report Merchandise

"#YEAR WITHOUT A #SUMMER" 23 Apr, 7.30pm at Screening Room. Tickets at $15 from Details:...

"#YEAR WITHOUT A #SUMMER" 23 Apr, 7.30pm at Scr...

theartshouse.com.sg 15 Apr '13, 9am

Co-Presented by The Asian Film Archive and The Arts House Year Without a Summer 2010 | Malaysia | 90 min | In Malay with E...

Bitcoin

pastebin.com 22 Apr '13, 7am

░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░ ░░░░░░░░░░░░░░░░░░░░░░░▓████████████████████████▒...

Bitcoin energy costs soaring: Bitcoin miners us...

bbc.co.uk 15 Apr '13, 12pm

15 April 2013 Last updated at 12:31 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bit...

Largest U.S. Bitcoin Exchange Shuts Down

mashable.com 18 Apr '13, 4pm

Bitfloor, the largest Bitcoin exchange in the U.S., has shut its doors. Bitfloor said it would cease trading operations an...

Have We Reached A Turning Point For Bitcoin Exchange DDoS?

Have We Reached A Turning Point For Bitcoin Exc...

thegenesisblock.com 20 Apr '13, 5pm

Home » News • Trading » Have We Reached A Turning Point For Bitcoin Exchange DDoS? Have We Reached A Turning Point For Bit...

#Bitcoin is attracting attention as a wildly vo...

online.wsj.com 18 Apr '13, 10am

Norman Vialle, a 53-year-old car dealer in Kansas, invested in his share of winners and losers during the Internet bubble ...

#bitcoin

#bitcoin

bloomberg.com 16 Apr '13, 1pm

George Frey/Bloomberg There are a little more than 11 million Bitcoins in existence. The software that governs the network...

Bitcoin energy costs soaring

bbc.co.uk 15 Apr '13, 12pm

15 April 2013 Last updated at 12:31 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bit...

Bitcoin energy costs soaring

Bitcoin energy costs soaring

bbc.co.uk 15 Apr '13, 12pm

15 April 2013 Last updated at 12:31 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Bit...

LifeTest 1 Results: Awesomeness Without Coffee

thefinance.sg 16 Apr '13, 8pm

LifeTest 1 Results: Awesomeness Without Coffee by Lionel on April 16, 2013 So I’ve managed to successfully stay away from ...

Digital Drills: The Monster Machines that Mine ...

gizmodo.com 15 Apr '13, 4pm

The all-out race for power isn't just some sort of freak side-effect of Bitcoin's surging popularity, though. It's actuall...