Darin Stanchfield is in the currency security business in Bothell, but instead of riding shotgun in an armored car or investigating counterfeit money, he deals with Bitcoins.
Bitcoin is a cryptocurrency, meaning it exists solely online without any central regulation. Their value fluctuates based on demand, and produced at a predictable pace to avoid inflation.
People who want to use Bitcoins can buy into the currency at various websites, exchanging hard currency like the US dollar into an equivalent portion of coins. One Bitcoin is worth roughly $360 today. Prices peaked in 2014 when the price of a single Bitcoin reached nearly $1,200.
http://www.bothell-reporter.com/news/360976141.html
Topic: [2015-12-08] Bitcoin security is what Bothell's KeepKey aims for (Read 267 times)
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