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Bitcoin 101 [infographic]

bitcoin

If you been hearing a lot about Bitcoin but don’t understand what all the buzz is about, check out this infographic for more information.

Oh, to invest in silver, gold or Bitcoin?

H/T to Ritu Pant

Via Online-Accounting-Degrees.net.

Like infographics? So do we.

 

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3 Comments

  • Electric Shave

    I think ‘currency’ might be the wrong term. It seems more like a fraction of a commodity, and the transactions are really a barter, or commodity swap. My 2c.

  • Kate Rinsema:

    It is time to go back to a currency backed with an objective standard like gold or silver. My plan is to collect silver and gold coins. I will follow the development of Bitcoin.

  • I believe Bitcoin is more than just a currency but its going to be one of the best tools for the Internet! Its already maintaining a massive 8 billion marketcap! I do believe that it wont be the only currency, just like domains (.com, .net, .org) there will be alternatives throughout time but the first (like .com) will always remain popular.

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