It describes the utility of the system, the types of companies and individuals who use it, and some of the risks and opportunities presented.
"Bitcoin" is a growing financial software tool comprised of both a payment network (written as "Bitcoin") and a currency used within that network (written as "bitcoins"). Bitcoin is both free-to-use and open-source, with no central controlling party. Bitcoin is not a company nor organization. It is best thought of as a technology protocol, like VoIP or HTTP. Read the full article here:A Business Primer on the Bitcoin Ecosystem Written By Erik Voorhees, 29 June 2012
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