For those not familiar with what bitcoin is; it is basically a digital currency for which no banking system or even a government is needed. Open source software is used to operate the transactions. Many people are investing money in the bitcoin market…
Bitcoin is descriptive of the actual technology in play. These coins represent the currency itself and are the ones transacted. They are sent or received through wallet software running on a PC, a web app or a smartphone. They can be obtained through…
Would we be better off without paper money and coin? Some say yes, and some say no and the debate rages on. Government tax collectors would prefer only electronic or digital money – it’s easier to control and easier to keep taxpayers honest – but are…
Bitcoin is just not practical right now. There’s another coin out there emerging as a viable candidate to be the new No. 1 cryptocurrency. It’s called Dash.
Cryptocurrency is a digital asset used mainly as a medium of transaction to secure financial transactions, control creation of additional assets and verification of any asset transfers with the help of a strong cryptographic technology. It is also…