What's the Big Deal?

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Bitcoin Goes Legit, but What's the Catch?

On Monday, the US Senate held its first ever hearing on Bitcoin, the virtual currency with a gross value of billions and an outlaw reputation.

Full CSPAN video here: http://c-spanvideo.org/program/DigitalCu

Despite links to black markets like the Silk Road, Bitcoin isn't itself illegal - but financial regulators say that virtual currency operators must play by the rules. So what are those rules, and will Bitcoin survive the changes? Finally, should Bitcoin users be entitled to privacy in...

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Related topics : virtual currency like bitcoin / bitcoins online currency

Free Money: Get Paid to Use Digital Currencies?

Do you live in Ireland, Iceland, Greece, or Spain? If so, someone want to give you free money. "National cryptocurrencies" are on the rise this week, with some offering free coins to those who register. But can you really call it a "cryptocurrency" at that point?

Beyond Bitcoin: 'National' cryptocurrencies woo users with free money: http://www.dailydot.com/business/beyond-bitcoin-national-cryptocurrency-free-money/

Iceland: http://auroracoin.org

Ireland http://www.gaelcoin.org/

Greece:...

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Related topics : bitcoin get free money / free digital money bitcoins

Is Bitcoin a Legitimate Form of Currency?

Bitcoin is a virtual currency gaining popularity across the web for its ease and speed of use, as well as its anonymity. Annie takes a look at the many uses for Bitcoins, and talks to Fred Ehrsam of Coinbase on the practicality of the digital currency.

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Related topics : digital virtual currency and bitcoins / virtual currency bitcoin

Is Litecoin the Next Bitcoin?

Bitcoin has been all over the news lately, as a result of its wild price fluctuations, and high profile investors. But are there any alternatives to bitcoin? Annie takes a look at litecoin, another online currency that functions in much the same way as bitcoin. She also explains how to mine for these online currencies.

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Related topics : bitcoins online currency