By barb650, August 21, 2013
This is some form of money that I just heard about.
3 Comments on " has anyone ever heard of “Bitcoin”"
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.
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.
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.