About Computers: Bitcoins!

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Computers From Paul Gil, your About Computers Editor I think bitcoins are fascinating. They are particularly compelling because they don't require minting (i.e. no single organization can control their creation), and they don't require banks. I think that this scares many banking institutions, who could lose serious revenue if the world adopted bitcoins on a large scale. What Is Bitcoin? Bitcoins are four years old, but are only now becoming recognized by the world. As an alternative to paper- and gold-based currency, bitcoins are based on the extremely difficult (and slow) computation of complex cryptography problems. The bitcoin currency has the value of being self-contained (no banks required for transferring), and decentralized (no federal minting required). About.com explains more here... Search Related Topics:  ecommerce  business  e-business How to Become a Bitcoin Miner Have no illusions: this is not a fast way to get rich. In fact, Bitcoin creation is purposely designed to be so computationally-intensive that people can't game or exploit the currency. But if you're still interested in Bitcoin mining as a long-term hobby with some small revenue possibilities, About.com explains the details here... Search Related Topics:  bitcoin  bitcoins  p2p 10 Bitcoin Browser Add-ons View bitcoin exchange rates and quotes, manage your bitcoin wallet, and see bitcoin addresses embedded into web pages: these are just some of the features of these special add-ons designed for bitcoin enthusiasts. Read more on these add-ons here... Search Related Topics:  chrome extensions  chrome apps  bitcoin Online Casinos and Betting Bitcoins With 'cryptocurrency' now getting international credibility, the world of online gambling is taking small steps to offer its customers the chance to use bitcoins as an alternative to paper currency. This could bypass some jurisdictional laws, and open up gambling to more people in restrictive locations. Search Related Topics:  bitcoins  online gaming  online poker Related Searches Computers Computer Free Gambling Games Computers Security Bitcoins Exchange Gambling Casinos Featured Articles Why Would You Ever Create an Internet Meme? Five Ways to Send a Free Fax on the Web Twitter Privacy and Safety Tips for Parents How to Transfer a Call Between Google Voice and GMail avast! Mobile Security Who Is 'Good Guy Greg' GGG?   More from About.com Run Your First 5K Even couch potatoes can be ready for a 5K with just a couple months of training. Read more...> Help! I'm Too Busy Time and stress management tips to help you feel as though you have more time. Read more...>   Sign up for more free newsletters on your favorite topics You are receiving this newsletter because you subscribed to the About.com Computers newsletter. If you wish to change your email address or unsubscribe, please click here. About.com respects your privacy: Our Privacy Policy Contact Information: 1500 Broadway, 6th Floor New York, NY, 10036 © 2013 About.com   More Recommended Reading at About.com: Google Docs Pivot Tables Twitter IPO Reveals Numbers: Plenty of Users, No Profits Getting Free Wi-Fi From Facebook Advertisement