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Aug242011

DateWednesday, August 24, 2011 at 11:32AM

What is BitCoin?

 "The U.S. has the dollar. Japan has the yen. Now some people are trying to invent a new currency that's not tied to any country or government. It's called bitcoin."

"Bitcoin is a lot like cash — for the online universe. It doesn't actually exist in the physical world. You can't hold bitcoins in your hand because they just live on computers and the Internet."

AuthorDrew Wolfe | CommentPost a Comment | | Print ArticlePrint Article | |

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