GigaOM – 4/4/13: SUMMARY: Bitcoin is a complex subject, but an important one. Whether it succeeds or fails, it represents a crucial experiment in using technology to turn our financial system upside-down, and it will have important consequences. Everybody’s talking about Bitcoin these days, which is quite remarkable given the highly technical nature of the crypto-currency. So why is it such a big deal?
To explain why, I’m going to start with the implications of Bitcoin, then get into the technical nitty-gritty. Why that way round? Because there’s more to Bitcoin than the technical wow-factor, or indeed the crazy speculation that’s going on now. Even if Bitcoin itself fails, it’s a sign of things to come.
Click here to read more: http://gigaom.com/2013/04/04/yes-you-should-care-about-bitcoin-and-heres-why/?utm_source=NewsFilter+348+4%2F05%2F13&utm_campaign=NF+%23348+4%2F5%2F13&utm_medium=email
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Buzz up!
Source: Paymentspulse