Below you will find pages that utilize the taxonomy term “Bitcoin”
Bitcoin Roundup
[caption id=“attachment_6217” align=“aligncenter” width=“496”] German Kids using inflationary money as blocks in 1923 - Bitcoin is supposed to be immune to this[/caption]
Boing Boing pointed me to a few Bitcoin articles and then there was another one on Ars on 6 May. I’d be pretty surprised if you haven’t heard about Bitcoin; it’s been all over the news because of the crazy bubble the Bitcoin exchange rate was having recently. But, just in case, Bitcoin is a currency that exists entirely electronically. This is true of nearly all currencies nowadays (none of them are backed by anything but faith in the countries that issue them). The supply of Bitcoins is only increasing to a certain amount and then no more, preventing inflation. It’s main benefit is supposed to be that it’s completely anonymous. So is cash, but you can’t use cash online.