What’s a Bitcoin? A Bitcoin is a form of digital currency whose creator called it “a peer-to-peer, electronic cash system.” It is presently used where the parties to a transaction do not want to leave a digital trail, like credit card transactions, or any other trail for that matter. For this reason, the Bitcoin is presently mostly used for gambling, drug transactions, or speculation. On Wikipedia, one can find a detailed analysis of the creation of the Bitcoin and some historical timelines.
Loading ...
The Digital Desires That Bank on Bitcoins
Posted by: Theodore F. di Stefano May 16, 2013 05:00 AMWhat’s a Bitcoin? A Bitcoin is a form of digital currency whose creator called it “a peer-to-peer, electronic cash system.” It is presently used where the parties to a transaction do not want to leave a digital trail, like credit card transactions, or any other trail for that matter. For this reason, the Bitcoin is presently mostly used for gambling, drug transactions, or speculation. On Wikipedia, one can find a detailed analysis of the creation of the Bitcoin and some historical timelines.