Has anyone heard of BitCoins?

This topic was created in the Finances & Investments forum by jru2 on Wednesday, June 22, 2011 and has 2 replies.

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@jru2
17 Years500+ PostsSagittarius

It's a new currency and totally cool.

Hey, if anyone has any please donate to a newcomer in need 😛

1PhKCZsFD6GvT1S78vH1crAA3gTE2Cqwg2

Also I'm trying to sell products for BitCoins. I only have a few items, but I would love suggestions of what you might like to buy using your BitCoins.

Trade for BitCoins

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@jru2
17 Years500+ PostsSagittarius

Amazon/Paypal/eBay still use the regular financial system, they are tied in with credit cards and banks for clearing transactions.

BitCoin is a completely new currency and transactions don't clear through normal banking channels. Transactions are cleared anonymously using peer to peer computing similar to how bit torrent downloads work. The other big thing is that there is no country backing this currency. It is an international currency, but it's not under the control of any government. The guy who came up with this is the ultimate cyber-rebel in my book.