Forbes – 12/2/13: Bitcoin, the peer-to-peer currency with no central bank, based on digital tokens with no intrinsic value, appears to be headed where no other virtual currencies has gone to date. First mentioned in a research paper written under a pseudonym 5 years ago Bitcoin has, in the last year, moved from the domain of crypto-geeks to a more mainstream adoption. Today, companies are offering specialized computers and chips to “mine” bitcoins, and many middlemen have emerged to help turn it from an interesting math problem into a useful currency that can be used to purchase items or make donations. A new ecosystem has arisen around the currency with both good and bad actors.
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