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Bitcoin Hits New All-Time High Ahead of Hearings | Entrepreneur.com

November 19, 2013

This is crazy. A virtual currency with no country backing it or precious metals trading over $600 for one bit coin. You can’t even touch it. So if the “ledger” that is kept in a server is gone, you lose your “virtual coins”
To each his own I suppose, maybe with enough retailers accepting this payment we all be having “miners” (those are servers that go in Web to find bitcoin thru complex mathematics – simplified version).

Bitcoin Hits New All-Time High Ahead of Hearings | Entrepreneur.com – http://m.entrepreneur.com/article/229976?utm_medium=referral&utm_source=pulsenews

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