Friday 6 July 2012

A Business Primer on the Bitcoin Ecosystem

This article is an excellent primer on the new financial technology known as “Bitcoin.” 
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 
Bitcoin Useful Links

Monday 2 July 2012

Bitcoin Wallet Options

"The question of 'How to store your Bitcoins' is one of the most important decisions for a Bitcoin user to make.
While Bitcoin allows you a great amount of freedom and control over your money, with that control comes responsibility, and the possibility of catastrophic losses if you are not careful. If you choose to maintain full control of your bitcoins yourself, there is no one to stop you from doing something stupid, and there is no one to cover for your mistakes. There is no Bitcoin corporation to call and try to convince that you are the legitimate owner of your address so they can give you your keys back."
Online Wallets ** Desktop Clients ** Mobile Wallets