25 Dec '12, 9pm

The Mystery of Bitcoin

The Mystery of Bitcoin

We're going to be talking a little bit about a virtual crypto currency? I'm really impressed by what they've done and by the fact that this thing really looks like it's the first solution to the concept of a distributed, non-central server, no central clearinghouse. I mean, it's like it's currency, it's Internet currency, which can work and is working. And there's just lots to talk about. Lots of cool technology in there, which of course is our angle from the crypto side. About two years ago [2009] the project was registered, a little over two years ago, by a Japanese cryptographer, Satoshi Nakamoto. And it's an open source project on SourceForge, so none of this is black art stuff. The goal is to really solve, I mean, to offer an honest-to-god, non-hobby-level, but industrial-strength, Internet-based, peer-to-peer currency where real value can be exchanged between two par...

Full article: http://www.bookofjoe.com/2012/12/the-mystery-of-bitcoin.html

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