
“The digital currency is not just for the shady parts of the internet, it is gaining acceptance from mainstream websites and even real world businesses. A US couple recently conducted an experiment to see if they could live solely on bitcoin instead of other currencies. And in Canada the world’s first bitcoin ATM has opened up. Richard Branson has also begun accepting bitcoin payments for seats on upcoming flights into space on Virgin Galactic. But despite growing in acceptance, the currency value is unstable and like with all financial matters people will need to do their own research before deciding whether to invest the time and money.”
http://www.abc.net.au/news/2013-12-02/bitcoins-the-digital-currency-explained/5119034
Related posts:
Russian lawmaker: Snowden agrees to Venezuela offer of asylum
Are you part of the 'pay-as-you-live' generation?
Swiss researchers make microchips that imitate the brain
‘Gangnam Style’ cops will help tourists settle disputes in South Korea
Brain-damaging lead found in tap water in hundreds of homes tested across Chicago, results show
Plans for Political Union Unravel in Europe
Living with Venezuela's high inflation
Nashville businesses embrace Bitcoin
Texas teen points to heavens, gets 4×100 relay squad banned from state championships
John Kerry: Syria war no time for 'armchair isolationism'
New York passes tough new gun control laws
Uruguay to sell legal marijuana for $1 a gram
Romain Hatchuel: The Coming Global Wealth Tax
Human breast milk has become a new luxury for China’s rich
Cannabis club thrives in Canary Islands