
“Four years ago Norwegian student Kristoffer Koch spent 150 kroner ($26.60) on a little-known internet currency called bitcoin. It was 2009 and he was working on his thesis about encryption when he came across the mysterious currency. He bought some for fun, then forgot about it. Fast-forward to April 2013, when the value of bitcoins started to soar. He cashed in about one fifth of his bitcoins, and it was enough for him to buy an apartment in Toyen, one of the richer parts of Norway’s capital Oslo. His partner was initially sceptical about him spending ‘real money’ on ‘fake money’. She has since changed her tune.”
Related posts:
Orlando is the cat's whiskers of stock picking
Refillable electronic cigarettes face EU ban
The man who wanted to split California into six states now wants to make it three
Rules Aimed at Tax Evasion Abroad Trip Up Average Americans
Talks underway to unionize Volkswagen’s U.S. plant
Inside America's First Bitcoin-Friendly Gun Store
Koreas declare commitment to full denuclearization, ending 70-year war
Barack Obama is pushing gun control at home, but he’s a killer abroad
Combat stress felt far from front lines
Police detective accused of multiple beatings, wrongful arrests
Obama, Republicans gear up for bruising U.S. budget fight
Separatism threatens the future of Spain
Parched Jordan to start pumping radium-laced water from 300,000-year-old aquifer
'Checkout Fees' Take Effect, Allowing Retailers To Add 4-Percent Surcharge
Undercover cops secretly use smartphones, face recognition to spy on crowds