30 Dec '15, 7pm

The bitcoin revolution can be hard to find at the mal

This holiday shopping season, I found myself in a peculiar situation. I was at the mall. I was ready to shop for presents. But I couldn't find anyone who would take my money. Heck, when I asked if I could pay with it, many looked at me as if I was from Mars! To be fair, I wasn't offering to pay in dollars. I wasn't trying to use my credit card or even Apple Pay. Instead, I was trying to spend some bitcoin. Now, I know. The computer-based currency still seems a little new, even though it's been around for six years. And it works differently than cash or credit cards. You typically store coins in a smartphone app or Web service, not in a physical wallet, for example. And to make a payment, you typically scan a QR-code, the square bar codes, rather than handing over bills or swiping a card. But I was at Westfield Valley Fair mall, in the heart of Silicon Valley, the most high...

Full article: http://phys.org/news/2015-12-bitcoin-revolution-hard-mal....

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