
“If you don’t understand what a bitcoin is, these Toronto entrepreneurs are here to help. ‘When the Internet started, nobody understood how to send emails,’ said Rodolfo Novak. Just as electronic mail has become a ubiquitous communication tool, Novak says the emerging digital currency will increasingly be used for everyday purchases. To that end, Toronto’s bitcoin believers are launching services to put virtual coins in your real-life wallet, and challenge the domain of traditional banks. Novak is one of the founders of Coinkite, a bitcoin banking website. Coinkite accounts link the virtual coins to a debit card, which works with a card reader Novak is selling to merchants.”
Related posts:
Obama’s Backers Seek Big Donors to Press Agenda
Top general: U.S. still has key Iraq role even after troop exit
Venezuela just defaulted, and you may own its debt
Royal Bank of Scotland Japan Unit Sentenced in Libor Probe
Obama doesn’t believe secret NSA surveillance violated privacy rights: chief of staff
China Bites Into Bitcoin
Retired U.S. Marine Gen. James Cartwright under investigation for alleged Stuxnet leak
Laffer: The Real 'Stimulus' Record
After vote, China tells Taiwan to abandon independence "hallucination"
Water rationing, tax and rate hikes add to woes of Puerto Ricans
Man spends 2 years forgotten about in solitary after DWI arrest
Judge: ‘Everything they say is a lie’
The Best U.S. Metros for Recent College Grads Looking for Work
In Copenhagen, Apartment Prices Jump 60% After Rates Go Negative
UK reviews home schooling amid fears children are being 'radicalised'