07 Jul '13, 3am

The curious case of Bitcoin - #bitcoin

The curious case of Bitcoin - #bitcoin

Bitcoin seeks to become the de-facto world currency for online purchasing. Arabian Gazette’s Zain Naeem looks into the Bitcoin phenomenon. Arabian Gazette’s Zain Naeem looks into the Bitcoin phenomenon. Image courtesy: Bitcoin Imagine an electronic currency that can be transferred and used for transactions from one peer to another . Imagine how this will affect online shopping, making it easier and more effective. The volume of online transactions are increasing dramatically, and soon there will be no need for cash, credit cards or even PayPal accounts. The seamless transition from these old, but robust methods may be taken over by a new one that is safe, secure and can be used worldwide and without geographical or time restraints. Bitcoin seems to be such a currency, one that has been developed to cover most of these points. One of the best features of Bitcoin is its conv...

Full article: http://arabiangazette.com/curious-case-bitcoin-20130707/

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The curious case of Bitcoin - #bitcoin

The curious case of Bitcoin - #bitcoin

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