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8/15/12

Cryptocurrency: Top 10 Bitcoin Statistics - by Jon Matonis

The concept of a decentralized cryptocurrency without political borders can be challenging at first. Bitcoin forces us to adjust the way that we think about money and value transfer. Fortunately, the Bitcoin community has been excellent at consolidating informational data through a loosely-integrated group of dedicated volunteers.

Note EU-Digest: Of all the virtual currencies out there, BitCoin is probably the most interesting from a technical perspective - and the least interesting from the business point of view. BitCoin is a peer-to-peer virtual currency that uses cryptography to control the creation and transfer of money. Obviously they are not liked by the financial community. There is also a pending lawsuit for lost deposits against Bitcoin  which is presently based in Britain. 

Read more: Top 10 Bitcoin Statistics - Forbes

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