author: Joey Dangerous
published: 2011-05-17 22:48:22 UTC

The question that is often asked of any currency is: what is it backed by? Ancient currencies, like grain, were backed up by the currency's intrinsic use value. The US dollar, up until the latter h...
Technological historians will for a long time see Bitcoin as a fundamental innovation in Internet technology. It's the first distributed electronic currency that enforces a prohibition on double sp...
Many are wondering why the prices of Bitcoin have shot up by over 1000% over the past month, and whether the increase is sustainable or merely a speculative bubble, liable to suddenly crash at any ...