
“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:
Fiat Chrysler CEO: Please don't buy Fiat 500e electric car [2014]
10-Year-Old Carrying BB Guns on School Grounds Arrested
NYPD urging people to upgrade Apple devices to iOS7 because it is 'safer'
What the Founding Fathers’ Money Problems Can Teach Us About Bitcoin
Senator on journalists who publish leaks: ‘Historically, spies have been shot’
A Plan to Stop the Feds From Reading Your Emails
U.S. Government Preparing for Major Terrorism Exercises In Three Cities [2004]
As cities lay off police, frustrated neighborhoods turn to private cops
India’s Sonia Gandhi seeks support for law to banish hunger
Tax-Free-Salaried OECD Calls For 'Income Inequality' Tax Overhaul
Pakistani Ambassador Sherry slams drones ahead of CIA talks
Loophole lets Colorado lawmakers avoid photo radar fines
Turkish court throws out Taksim redevelopment project that sparked mass protests
Islamist protesters burn German and British embassies in Sudan
Conservative money manager scores with bitcoins