May 16 2011

Bitcoins

Tag: 01 — Joaquim Anguas @ 10:24 am

The benefits of a currency like this:

a) Your coins can’t be frozen (like a Paypal account can be)
b) Your coins can’t be tracked
c) Your coins can’t be taxed
d) Transaction costs are extremely low (sorry credit card companies)»

More info here.

Discussion.

Paper.

Video.

Exchange rate. (update) The site mtgox.com is down. You can read what happened to them here (thanks Adam!)

Update: good explanation + Q&A.