Topic: 2013-04-15 Bloomberg.com - Explaining bitcoin without buzzwords (Read 752 times)
Yet another article gets the process of mining wrong.
This should help:
By the way I wonder when a "Bitcoin for dummies" book will be published.
By the way I wonder when a "Bitcoin for dummies" book will be published.
http://go.bloomberg.com/tech-deals/2013-04-15-explaining-bitcoin-without-buzzwords/
Quote
Techies are trumpeting a so-called virtual currency called Bitcoin that they say could revolutionize global trade. Financial wonks are shouting from various corners of Wall Street about the regulatory pitfalls and the volatility, highlighted by a tumble in valuation that brought Bitcoin to the world’s attention.
Meanwhile, many of us don’t understand what a Bitcoin is, despite all the coverage. Bloomberg.com attempts to answer your questions, and we promise not to use the term “virtual currency” again here.
Meanwhile, many of us don’t understand what a Bitcoin is, despite all the coverage. Bloomberg.com attempts to answer your questions, and we promise not to use the term “virtual currency” again here.
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