concerned, my stash of 'coin is gone. On Bitcoin Blogger there was a positive article,?, en: Bitcoin Electronic Currency: The Future of Money"s On /. Is it time for cash to take a hike?
Any new currency system faces an uphill battle, both technically and legally. I think I paid well above the quasi-official exchange rate for the coins; who really cares about the difference between.2 cents and.5 cents when you're only spending 25? I don't need them he wrote. In the three months since, it's up another 80 per cent on that.
And I've done a lot of stupid things a lot of times Mr Simpson said. Bitcoin is a distributed, worldwide, decentralized digital money. Until this mindset changes, Bitcoin will be no rival to real-world dosh. Five years ago, I threw away a hard drive. Apparently landfill is exceedingly well organised and stratified. But I found a site, or forum I can't remember which where someone was selling Bitcoin. Police do it all the time. Mr Simpson said he could have even bought a house in Sydney if he kept kuvio bitcoin-rahaa the hard drive.
On Smart Money there was a critical article, USA, en: The Bitcoin Triples Again"s To recap, it's is a purely online currency with no intrinsic value; its worth is based solely on the willingness of holders and merchants to accept it in trade. Campbell Simpson (pictured) says he threw out a hard drive containing Bitcoins now worth.8 million. So I threw it away he said. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. The tech writer says he has been offered advice on how to potentially retrieve the long-gone hard drive, but he admits he won't bother trying to find. I've learned my lesson, whatever.
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