“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:
Cuba to eliminate currency pegged to dollar
No criminal charges for Jon Corzine in MF Global probe
Chicago cop: No memory of bartender beating, 110 phone calls
Officer indicted for illegal drug prescriptions, fake disability claims
Symbol of Pinochet abuses, Chilean woman says justice is now coming
Iran claims U.S. Congress not ‘authorized’ to authorize Syria strikes
Africa's baby-boom: Population to double by 2050
Mississippi county accused of running ‘school-to-prison pipeline’
Inside the Bitcoin advocates’ closed-door meeting with federal regulators
Former Speaker Boehner, now a marijuana company lobbyist, says feds should butt out
Johnny Depp facing 10 years in prison for taking his dogs to Australia
Retired cop shoots man dead in movie theater over texting argument
Company pensions in peril as shortfalls hit record
Bitcoin Segment on China State Television
Czechs unrelated to Chechens, diplomats remark after Boston blast