“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:
U.S. won't stop Native Americans from growing, selling pot on their lands
'Nerve gas' chemicals exported to Syria: potassium and sodium fluoride
Iran's Ahmadinejad meets successor after being ousted in election
Bitcoin moves beyond mere money
Tired German bank employee naps on keyboard, transfers $293 million
Ben Bernanke's thank-you notes
U.S. deploys Predator drones, 100 Air Force personnel to Niger
Putin Turns Black Gold Into Bullion as Russia Out-Buys World
Thousands march in Edinburgh to support Scottish independence
Argentina to receive $1 bln loan from Goldman Sachs, says newspaper
As marijuana goes legit, investors rush in
$3.3 billion of pork: The 5 most surprising provisions in the debt deal
Argentina Declared in Default by S&P as Talks Fail
Supreme Court asked to suspend NSA and FBI’s blanket collection of phone data
Mexican cartels hiring US soldiers as hit men