Read more on this subject: Bitcoin
News Story Source: http://www.thedailysheeple.com
Digital currency could quite possibly be transformative, providing a paradigm shift in the world's interactions with money and finance. As Jihan Wu, CEO of Bitmain, recently blogged:
"[Bitcoin] essentially rolls gold, cash, and our credit card system into one. It takes the strengths of each and leaves the weaknesses behind. It has the limited supply quality of gold, but can be used to purchase everyday items. It has the speed of a credit card, but respects and protects your privacy. Transactions are settled instantly like cash, but are recorded on a public ledger."
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