Keep up with the news by installing RT’s extension for . Never miss a story with this clean and simple app that delivers the latest headlines to you.
Adding 6200 percent, bitcoin was the biggest economic winner of 2013. However, a lot remains unclear about how the virtual currency works and is created. RT spoke to Robin Tiegland from the Stockholm School of Economics to shed a little light.
View full story
can't eat gold and you can't drink a bitcoin
Any one of the fiat currencies are worthless until they're used to buy tangibles, e.g. goods and services. The mere fact that people are using Bitcoin as a medium of exchange legitimises it just the same as any other (even fiat) currency.
I OW: You can't shove money into your car's gas tank to get it to run, but you CAN use it to buy gas; you can't live long by eating money, but you can use money to buy food.
bit-coin and other Alt currency are the future for on-line
payments for goods and services!
So many scamm that people make tons of money a month.. STOP the Bullshit!!
Lets go back to barter!
duhhh...... same goes with all money. What does that have to do with anything?
Authorization required for adding comments
You must follow the link in the confirmation
email before you can log in.
Resend confirmation email
Don't forget to check your spam folder
The confirmation email has been sent
To complete a registration check
A password has been sent to your email address
Retype new password
India’s top bitcoin platform halts trade after state regulator ‘security risks’ warning
Bloomberg anchor displays bitcoin on TV, immediately gets robbed by viewer
FBI is global stakeholder in cryptocurrency, currently owns largest bitcoin wallet
Bitcoin takes 50% plunge after China's biggest exchange bans new deposits
‘We don’t do bitcoin’: Denmark’s finance regulator exempts crypto-currencies from its function
Dubious 'bankster' behind Russia’s bid to be first to trademark Bitcoin
Bitcoin beware: JPMorgan seeks patent for rival online payment system
Silk Road’s rival offline, another black drug mart mulls shutdown
Bitcoin value passes $1,000 for first time ever
Cyprus University world first to accept bitcoins for tuition
© Autonomous Nonprofit Organization “TV-Novosti”, 2005–2014. All rights reserved.