Bitcoin Is Bigger Than Ever, And Here's Why That Matters

in #bitcoin • 7 years ago

The money you've been using all your life is backed by a government of some sort, and it exists in a tangible way. Bitcoin is neither tangible nor backed by anyone, but it's still worth a great deal to some people. This digital currency began circulating on the internet in 2009 with each Bitcoin worth just a tiny bit of "real" money, but right now a single Bitcoin is worth more than $2,000. Bitcoin is fascinating from a technological standpoint, but it's also fueling online crime and violence because of the anonymity it offers. Here's how Bitcoin works and why you should care.

Full Forbes Article Here: https://www.forbes.com/sites/ryanwhitwam/2017/05/28/bitcoin-is-bigger-than-ever-and-heres-why-that-matters/#46db66a53951

#ransomeware #cryptocurrency #steem #ether
7 years ago in #bitcoin by
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