27 Apr '15, 12pm

This D.C. bitcoin company raised $2.3 million to... mine more bitcoins - Washington Business

This D.C. bitcoin company raised $2.3 million to... mine more bitcoins - Washington Business

Bitcoin is a virtual currency, yes, but what makes it special is that it's not really a currency in the traditional sense. There are no entities "printing" bitcoins anywhere. It's not linked to any single institution, meaning it is totally decentralized, one of the defining and most alluring characteristics of this bizarre monetary system. And the reason for that is bitcoins don't actually exist.

Full article: http://www.bizjournals.com/washington/blog/techflash/2015...

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