Bitcoin 101 [infographic]
Posted by staff / March 22, 2013
If you been hearing a lot about Bitcoin but don’t understand what all the buzz is about, check out this infographic for more information.
Oh, to invest in silver, gold or Bitcoin?
H/T to Ritu Pant
Via Online-Accounting-Degrees.net.
I think ‘currency’ might be the wrong term. It seems more like a fraction of a commodity, and the transactions are really a barter, or commodity swap. My 2c.
Kate Rinsema:
It is time to go back to a currency backed with an objective standard like gold or silver. My plan is to collect silver and gold coins. I will follow the development of Bitcoin.
I believe Bitcoin is more than just a currency but its going to be one of the best tools for the Internet! Its already maintaining a massive 8 billion marketcap! I do believe that it wont be the only currency, just like domains (.com, .net, .org) there will be alternatives throughout time but the first (like .com) will always remain popular.