“Techies know that ‘bitcoin’ is a virtual currency generated by predetermined computers and recognized on traditional currency exchanges as BTCs. Of interest to investors and business owners, bitcoins have skyrocketed into mainstream popularity, as has their price. No government is involved in creating bitcoins, and they are insulated from Cyprus-style bank lockouts. But before joining the BTC revolution, here are seven fundamentals to consider.”
http://www.abajournal.com/magazine/article/some_basic_rules_for_using_bitcoin_as_virtual_money/
Related posts:
Greece Seeks Taxes From Investors in London Property
China Plans Ban on Imports of Coal With High Ash, High Sulfur
Swiss police smash Chinese trafficking ring
George W. Bush the costliest former US President at $1.3 million per year
Alberta woman willing to trade $1-million property for Bitcoins
New York man released after being wrongly imprisoned for 23 years
US to send missiles, troops to Turkey in bid to deter Syria
Sweden’s small Arctic town of Kiruna plans to offer commercial space flights
US blocks G20 crackdown on tax avoidance by net firms like Google and Amazon
S&P calls US lawsuit retaliation for stripping AAA rating
CIA preparing to deliver Syrian rebels weapons through Turkey and Jordan
UK Porn Filter: Censorship Extends Beyond Pornography, But One ISP Is Fighting Back
British warships arrive in Gibraltar amid tension with Spain
Puerto Rico: Tropical Tax Haven for America's Super-Rich
Standard Chartered fined $340 million over Iran deals