Wednesday, April 3, 2013

What the Hell is Bitcoin Anyway? All You Need to Know in 2 Minutes

What the Hell is Bitcoin Anyway? All You Need to Know in 2 Minutes:



Last
June,
Reason TV interviewed the Mercatus Center's
Jerry Brito about the then-new phenomena that is Bitcoin, a virtual
currency that is distributed via the internet.
With Bitcoin now going for over $100 per unit and amassing a
value of over $1 billion worldwide,
everyone has an opinion on the curious currency
- whose creator
is still unknown. The short interview above is a great place to get
some basic facts. Go
here
for more details and links.
Reason on
Bitcoin.