16 Aug '13, 3pm

If you've been wondering about bitcoin, check this out:

If you've been wondering about bitcoin, check this out:

Bitcoin, as I’m sure you’ve read by now, is a decentralized and completely distributed currency. It is neither representative like gold nor is it fiat like the bits of paper in your wallet. It literally boils down to an honour exchange of a promise for a promise for which you are kept accountable by the network at large. It is very important to truly grasp the fact that there are no central institutions that govern the network. When you accept and spend Bitcoins you do so completely on your own terms, no middle men, the use of force forgotten. If this sounds good to you then you're in the right place.

Full article: http://www.idiotsguidetobitcoin.com/

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