Have you heard of BitCoin? If not, you probably should learn about it now. BitCoin possibly is going to be the currency of the future. Then again, possibly not. Whatever its future, BitCoin certainly is interesting.
BitCoin operates on a vast peer-to-peer network which is currently comprised of thousands of systems. Your computer could become a part of the BitCoin network. You could even earn a tiny amount of BitCoin currency for doing so. BitCoin’s aim is quite ambitious: to solve many of the issues with currency today, such as:
- Providing near-cash anonymity with online transactions
- With BitCoin currency, governments cannot create their own money whenever they want
- There are no transfer fees associated with transactions
- BitCoin requires no banks, no fees, and leaves no traces
BitCoin could become bigger than Google, Microsoft, and Apple combined. Then again, it could fizzle.
You can learn more about BitCoin in an article by Stephen Chapman on ZDnet at http://goo.gl/MZ9kr.
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