26 Dec '13, 12pm

10 Crazy Bitcoin Stories

10 Crazy Bitcoin Stories

Today 12/26/2013 under Strange Stories - by Steve Moramarco Bitcoin is a new kind of money that was invented just a few years ago, and recently became worldwide news. Basically, it's a currency that is not backed by any bank or nation and allows for private monetary exchanges between two individuals. It started out being worth fractions of a penny, but is now hovering around $800 for 1 Bitcoin. Do you want to learn more? Then read on... The Inventor of Bitcoin is a Mystery "artist's rendering" In 2008, a person going by the name of Satoshi Nakamoto uploaded a whitepaper to a cryptology mailing list that was entitled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In this document he outlined the concept of this crypto-currency, which uses no central bank or authority to allow financial transactions between two anonymous people. Lo and behold, Bitcoin was born! The thing ...

Full article: http://www.Oddee.com/item_98810.aspx

Comments

  1. 14 Feb '14, 9am

    I also read at Bitcoin Daily some of the ways where people spend their bitcoin and one is by using it in travel and hotel reservation. And it’s quite surprising to hear the different stories about bitcoin.

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