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BITCOIN and History of Money!
Bitcoin was created by Satoshi Nakamoto, who published the invention on 31 October 2008 in a research paper called "Bitcoin: A Peer-to-Peer Electronic Cash System". It was implemented as open source code and released in January 2009. Bitcoin is often called the first cryptocurrency although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency.
Bitcoins are created as a reward for payment processing work in which users offer their computing...
From: Outtaluck
Related topics : bitcoin peering electronic payment system / bitcoin digital currency exchange / bitcoin transactions fee / bitcoin exchange fees
Bitcoin future in jeopardy as trading site collapses
Mt. Gox, one of the biggest Bitcoin exchanges, went bust after it was revealed hundreds of millions of dollars' worth of the electronic currency were missing. Bitcoins have been a highly risky investment, and law enforcement fears the currency is ideal for criminals. Anthony Mason reports.
From: CBS Evening News
Related topics : bitcoin one million dollars / bitcoin trading sites / electronic currency bitcoin