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Title: 2013-04-15 Bloomberg.com - Explaining bitcoin without buzzwords Post by: kiko on April 18, 2013, 06:24:48 PM http://go.bloomberg.com/tech-deals/2013-04-15-explaining-bitcoin-without-buzzwords/ (http://go.bloomberg.com/tech-deals/2013-04-15-explaining-bitcoin-without-buzzwords/)
Quote Techies are trumpeting a so-called virtual currency called Bitcoin that they say could revolutionize global trade. Financial wonks are shouting from various corners of Wall Street about the regulatory pitfalls and the volatility, highlighted by a tumble in valuation that brought Bitcoin to the world’s attention. Meanwhile, many of us don’t understand what a Bitcoin is, despite all the coverage. Bloomberg.com attempts to answer your questions, and we promise not to use the term “virtual currency” again here. Title: Re: 2013-04-15 Bloomberg.com - Explaining bitcoin without buzzwords Post by: grondilu on April 18, 2013, 06:40:06 PM This should help:
http://anonymouse.org/cgi-bin/anon-www.cgi/http://img264.imageshack.us/img264/3876/07645418895001mt.gif By the way I wonder when a "Bitcoin for dummies" book will be published. Title: Re: 2013-04-15 Bloomberg.com - Explaining bitcoin without buzzwords Post by: teknomunk on April 18, 2013, 08:15:16 PM Yet another article gets the process of mining wrong. :-\
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