Bitcoin: How the Internet Created Its Own Currency

mashable.com 05 Nov '12, 9pm

Bitcoin: How the Internet Created Its Own Currency

Like Tweet +1 Share Pin It Share Bitcoin is a peer-to-peer decentralized digital currency. It differs from traditional, government-backed currencies in that there is no central issuer, and there are no middlemen involved for various transactions. Back in 1998, the concept of crypto-currency was described by Wei Dai on a cypherpunks mailing list. Crypto-currency is an electronic currency that relies on cryptography to regulate functions such as value and counterfeit protection. Bitcoin is the first implementation of that idea. Its protocol was published in a white paper by Satoshi Nakamoto in 2008. In 2009, Nakamoto released the first Bitcoin client and issued the first Bitcoins. The supply of Bitcoin is regulated not by a central bank, but by software. The original rationale behind Bitcoin was to create a type of electronic currency that was anonymous, secure and independe...

Full article: http://mashable.com/2012/11/05/bitcoin-currency/

Tweets

@paesean » 23 Nov '12, 2pm
#Bitcoin: How the Internet Created Its Own Currency [link] #vfq
@MetDigital » 21 Nov '12, 5pm
RT @JulieBIrving: #Bitcoin: How the internet created its own currency - [link] - #ThisIsCrazyStuff via @mashable
@JulieBIrving » 21 Nov '12, 4pm
#Bitcoin: How the internet created its own currency - [link] - #ThisIsCrazyStuff via @mashable
@BruneiTweet » 17 Nov '12, 6am
Bitcoin: How the Internet Created Its Own Currency [link] || your thoughts on this @izamryan @debbietoo?
@WardPlunet » 15 Nov '12, 1am
Bitcoin: How the Internet Created Its Own Currency. My subversive post this US #election day :) [link]
@DaddyChronic » 12 Nov '12, 8pm
RT @varatiki: Bitcoin: How the Internet Created its Own Currency [link] Is this a possible future (for this dimension)? #tech
@varatiki » 12 Nov '12, 5pm
Bitcoin: How the Internet Created its Own Currency [link] Is this a possible future (for this dimension)? #tech
@angels510 » 10 Nov '12, 2am
RT @EnigmaOffline Article: Bitcoin: How the Internet Created Its Own Currency ~ [link]
@HellInSpace » 09 Nov '12, 8pm
RT @KevinRJacoby Bitcoin: How the Internet Created Its Own Currency [link]
@RIPmediagroup » 09 Nov '12, 6pm
Want to create your own money? Bitcoin: How the Internet Created Its Own Currency [link] #business #currency #internet #money
@virtuallylaw » 09 Nov '12, 12am
RT @leimer: Bitcoin: How the Internet Created Its Own Currency [link]
@Danial_Khalesi » 08 Nov '12, 9pm
RT @mashable: Will you ever pay for things via bitcoin? [link] #DidYouKnow 9 november #bitcoin dag
@ameliatran90 » 08 Nov '12, 8pm
.@Webgrrls: Have you ever used Bitcoin? Bitcoin: How the Internet Created Its Own Currency [link] via @Mashable
@canisgallicus » 08 Nov '12, 7pm
RT @ProfessorGary: Bitcoin: How the Internet Created Its Own Currency [link] via @mashable
@DineroNuevo » 08 Nov '12, 5pm
RT @LasVivanco: ¿Hortensia tienes cambio que me prestes? -Yo solo Bitcoin [link] Cambio, a lo mejor el Comensal [link] #Oaxaca -
@Alkan_Feridun » 08 Nov '12, 11am
Can Bitcoin change the finance like the web changed the publishing? [link]
@GigaBitcoin » 08 Nov '12, 4am
RT @mihayward: Bitcoin: How the Internet Created Its Own Currency [link]
@SocialMediarts » 07 Nov '12, 11pm
Nice article from Mashable explaining Bitcoin, the Internet's own decentralized currency. Have you used Bitcoins? [link]
@7even6ix2wo » 07 Nov '12, 9pm
RT @Vote_Online: #Popular #Now Will you ever pay for things via bitcoin? #DidYouKnow: Will you ever pay for things via bitcoin? ... [link]
@Marry_Nature » 07 Nov '12, 9pm
#Popular #Now Will you ever pay for things via bitcoin? #DidYouKnow: Will you ever pay for things via bitcoin? ... [link]
@bplkirstein » 07 Nov '12, 7pm
RT @mashable Will you ever pay for things via bitcoin? [link] would you accept bitcoin at your #smallbusiness?
@msgbi » 07 Nov '12, 7pm
RT @TeraEuro: RT @mashable: Will you ever pay for things via bitcoin? [link] #DidYouKnow bacon?
@Grant_Rumley » 07 Nov '12, 7pm
cc: @Scott_Dueweke RT @mashable: Will you ever pay for things via bitcoin? [link]
@willembuchner » 07 Nov '12, 7pm
“@mashable: Will you ever pay for things via bitcoin? [link] #DidYouKnow” Nope, not me thanks
@TeraEuro » 07 Nov '12, 7pm
RT @mashable: Will you ever pay for things via bitcoin? [link] #DidYouKnow cc @msgbi
@mrwatkins83 » 07 Nov '12, 7pm
Yes. I already do. RT @mashable: Will you ever pay for things via bitcoin? [link] #DidYouKnow
@mashabletech » 07 Nov '12, 7pm
Will you ever pay for things via bitcoin? [link] #DidYouKnow
@markgeorgehomes » 07 Nov '12, 6pm
Bitcoin: How the Internet Created Its Own Currency . This is pretty interesting. [link] via @mashable
@StanleyEpstein » 07 Nov '12, 1pm
Bitcoin: How the Internet Created Its Own Currency [link] #bank #citadv
@madberry » 07 Nov '12, 3am
Bitcoin: How the Internet Created Its Own Currency [link] (via @news360app)
@bab_ia » 06 Nov '12, 5pm
#bitcoin explained #cryptocurrency [link]
@RaboDirectIE » 06 Nov '12, 5pm
Did you know there is an ‘internet only' currency... No well, introducing the ‘Bitcoin’ #savingisbelieving [link]
@kwanzer » 06 Nov '12, 4pm
"Bitcoin: How the Internet Created Its Own Currency [link]" Uhm... What?
@Mattit_TOFY » 06 Nov '12, 4pm
Interesting. A near-cashless way of operating. [link] [link]
@SebCarducci » 06 Nov '12, 3pm
Interesting Idea RT @mashable Bitcoin: electronic currency that's anonymous, secure and independent from governments [link]
@pradyumnagrawal » 06 Nov '12, 3pm
Bitcoin anyone? #security #currency [link]
@ChelseaGombes » 06 Nov '12, 3pm
@thatmikolim @rtbrouillette Bitcoin: An electronic currency that's anonymous, secure and independent from governments [link]”
@alexvirchez » 06 Nov '12, 2pm
@compitass [link]
@yann_cogito » 06 Nov '12, 1pm
RT @Hamperlady: @nymphomation Bitcoin just went mainstream - It's on Mahable [link]
@jaspermid » 06 Nov '12, 1pm
An alternative Crypto-currency. Anonymous decentralised and rising. [link]
@TechNewsUrdu » 06 Nov '12, 1pm
Bitcoin: Ek electronic currency jo gumnam hay, mehfooz hay, hukoomat ore markazi hukkam se azad hay / [link] | #dyk #urdu
@samhosokawa » 06 Nov '12, 1pm
Fascinating.MT @mashable: Bitcoin: An electronic currency that's anonymous, secure and independent [link]
@jbphillips211 » 06 Nov '12, 1pm
Interesting read on internet based currency Bitcoin [link]
@kuffodog » 06 Nov '12, 1pm
RT @margbrennan: RT @mashable: Bitcoin: An electronic currency that's anonymous, secure & independent from govts or central authorities [link]
@LeoBurnettNY » 06 Nov '12, 1pm
Wasn't sure a yr ago but Bitcoins are becoming the real deal. [link]
@JayJbenj » 06 Nov '12, 1pm
Bitcoins. Could be my new currency if this election goes wrong. [link]
@m_crox » 06 Nov '12, 1pm
e poi vedi ste cose via @mashable e ti rendi conto di quanto certa gente sia avanti cc @JamesElio @fattoquotidiano [link]
@arush_96 » 06 Nov '12, 1pm
@jacobiiii @victor [link]
@mcaruana » 06 Nov '12, 1pm
@kylejonathann lol RT @mashable: Bitcoin: An electronic currency that's anonymous, secure and independent.. [link]
@Nazifzefx » 06 Nov '12, 1pm
RT @KopitiamEkonomi: Bitcoin: How the internet created its own currency. :[link] Warga internet oldschool dah lama tau benda ni, kan.