By Tom Simonite, Technology Review
Unlike other currencies, Bitcoin is underwritten not by a government, but by a clever cryptographic scheme. For now, little can be bought with bitcoins, and the new currency is still a long way from competing with the dollar. But this explainer lays out what Bitcoin is, why it matters, and what needs to happen for it to succeed.
http://www.technologyreview.com/news/424091/what-bitcoin-is-and-why-it-matters/
Share on Facebook