The Bitcoin is a new type of currency that was started in 2009 by an unknown individual using the apellation of Satoshi Nakakmoto. The way Bitcoins operate means that there is are middle men in the transaction, that is, banks are not involved. For buyers, this means no transaction fees and enhanced privacy as real…
Bit Coin has caused quite a revolution in the financial sectors and also created political firestorms for the value appreciation of the digital currency.
Google Director Jared Cohen says, digital currencies such as Bit Coin are inevitable.
Original article at Tech Crunch.