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Bitcoins? Options
Tracy
Posted: Monday, April 8, 2013 3:30:53 PM
Rank: Advanced Member
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Joined: 3/30/2009
Posts: 448
Points: 1,347
Location: N.Lewisburg,OH,US
I'm a bit behind the times I guess.
What the heck are these bitcoins?
Better question, who benefits from me "mining" for bitcoins?
<Doing my best Bart Simpson impression:>
"It sounds totally craptastic."
<In 2030 doing my best Grampa Simpson impression:>
"I remember 2020, bad year, that was the year the bitcoin bubble burst."

Just heard about this on the radio on the way home from work today.
Sounds like a scheme you could go to prison for. Shhh
terrorgoat
Posted: Tuesday, April 9, 2013 5:02:11 PM

Rank: Advanced Member
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Joined: 4/11/2011
Posts: 42
Points: 129
Location: New England
Uh oh. This sounds ominous.

Thanks for the post Tracy.

"The only true wisdom exists in knowing that you know nothing."
- The Mighty Socrates (Not the fake Socrates Plato wrote about in "The Republic.")
jim
Posted: Tuesday, April 16, 2013 7:19:03 PM

Rank: Advanced Member
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Joined: 3/19/2008
Posts: 980
Points: 2,952
The wikipedia entry on bitcoin is fairly extensive, for those who are curious: http://en.wikipedia.org/wiki/Bitcoin

It was also fascinating that there was a bitcoin robbery last year: http://www.digitaltrends.com/cool-tech/bitcoin-robbery-exposes-the-currencys-flaws/

If you are interested in virtual money, Neal Stephenson wrote a great short story about the concept called "The Great Simoleon Caper" for Time magazine many years ago. As always, he was way ahead of his time. I HIGHLY recommend reading this. Here is the article: http://kuoi.com/~kamikaze/Text/simoleon.html
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