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written by reader has anyone ever heard of “Bitcoin”

By barb650, August 21, 2013

This is some form of money that I just heard about.

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T1 Arizona
Irregular
August 21, 2013 7:20 pm

I have heard of Bitcoin, but I wouldn’t trust it. Trading in Bitcoin depends on someone else’s technology servers being up even if it is some type of distributed peer-to-peer network. Someone could shut down the entire Internet. I would go with something low tech like gold or silver coins.

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hgpark888
August 22, 2013 10:09 pm

Bitcoin had it’s glory days.
It was much easier to “mine” as there weren’t as many users involved.
But, now not so much.
You need a good computing power and it isn’t cheap to make a build now as there are much more people involved in it.

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lily
lily
January 9, 2014 2:27 pm

Bitcoins continue to rise in value. And other than a blip when China said they would be prohibited there they’re on a steady path upward. Plus the fed is looking at how to integrate them into current commerce. Wondered if anyone has a different view on them now.

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