12-01-2013, 08:18 PM
I have not done anything with it, but watching the news is interesting. You can trade it as currency in some exchanges. ie, convert your bitcoins to dollars, and back. Its really un regulated, and has a lot of "darknet / undernet" focus for buying drugs and other illegal activity.
I see it as a common bartering system. In theory it would be great if the whole world actually had one currency and there may be a time where we evolve to that, but I don't think individual countries will let it get big traction.
I see it as a common bartering system. In theory it would be great if the whole world actually had one currency and there may be a time where we evolve to that, but I don't think individual countries will let it get big traction.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
"If you want to change the world, be that change."
--Gandhi