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Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. The original Bitcoin software by Satoshi Nakamoto was released under the MIT license. Most client software, derived or "from scratch", also use open source licensing. Bitcoin is one of the first successful implementations of a distributed crypto-currency, described in part in 1998 by Wei Dai on the cypherpunks mailing list. Building upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context, Bitcoin is designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities.

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THE BITCOIN BUBBLE If you haven't already heard about bitcoin, the first popular cypto-currency, you soon will. The idea for the currency is simple. It's a software system that makes it possible to manufacture and trade (P2P), in a public and decentralized way, a limited digital resource. That's it. So why the interest in bitcoin? Simple. Alternative currency An alternative currency (or private currency) is any currency used as an alternative to the dominant national or multinational currency systems (usually referred to as national or fiat money). They are created by an individual, corporation, or organization, they can be created by national, state, or local governments, or they can arise naturally as people begin to use a certain commodity as a currency. Mutual credit is a form of alternative currency, and thus any form of lending that does not go through the banking system can be considered a form of alternative currency. When used in combination with or when designed to work in combination with national or multinational fiat currencies they can be referred to as complementary currency. Most complementary currencies are also local currencies and are limited to a certain region.

Sept 8: Modern Young Finance weekly round-up Daily Telegraph; 2 September, Rachel Bridge Sylvia Tidy Harris, founder of the Speakers Agency, says that young people are putting themselves at risk of unemployment because of their lack of manners and poor attitude. Small and medium businesses are increasingly opting not to hire young people because they lack the right attributes, and she calls for schools to take urgent action to prepare young people better for the workplace. Neoskosmos; 5 September Young adults have higher credit card debt, relative to annual income, than any other group, according to research group RFi.

Bitcoin: A 21st Century Currency Explained By a Wall Street Veteran Jason Leibowitz is a former Wall Street professional who pivoted careers in 2014 to focus full-time on digital currency. In this paper, Leibowitz answers questions about how bitcoin was created, how it works and why it matters. It has been described as a "techno tour de force" by Microsoft founder Bill Gates, and as a "remarkable cryptographic achievement…that has enormous value" by Google CEO, Eric Schmidt. It was even predicted by Nobel Prize-winning economist Milton Friedman in 1999 when he said, "The one thing that’s missing, but will soon be developed, is a reliable e-cash."

Bitcoin: How its core technology will change the world - tech - 05 February 2014 At the coalface: mining for money (Image: Stephen Lam/Reuters) The virtual currency is about more than money – the real innovation is what people are doing with the technology it is based on BITCOIN has been called many things, from the future of money to a drug dealer's dream and everything else in between. But beyond creating the web's first native currency, the true innovation of Bitcoin's mysterious designer, Satoshi Nakamoto, is its underlying technology, the "block chain". That fundamental concept is being used to transform Bitcoin – and could even replace it altogether. So what is the block chain? Did A Reporter Just Solve A Bitcoin Mystery? : Planet Money hide caption One bitcoin will get you this nerd merit badge. eagleapex's posterous/Flickr

Local currency See Emissions Reduction Currency System for community based initiatives aimed at emission reduction In economics, a local currency, in its common usage, is a currency not backed by a national government (and not necessarily legal tender), and intended to trade only in a small area. As a tool of fiscal localism, local moneys can raise awareness of the state of the local economy, especially among those who may be unfamiliar or uncomfortable with traditional bartering.

I Make $100,000 And Live Paycheck To Paycheck I’ve been practicing financial planning for over 21 years, and there is a new financial phenomenon spreading like cancer. I haven’t come up with a name for this group yet, but there is a growing population of people between the ages of 30 to 50 who make more than $100,000 per year and are literally living paycheck to paycheck. Are these people lacking a college education? No! TBI's Daily Bit Thanks to those of you who have contributed to the Bit. I was ~$2,700 in the hole last week, and I’m now down to only $1,789. When I get down to zero, I’ll delete this banner. I’ve cut down the losses by 1/3; now I just need some corporate love… Bitcoin, mobile payments and the future of money Money is changing, with a range of innovative new technologies looking to disrupt the established financial structures. Chief among these are the crypto-currencies such as Bitcoin. But what are they, where did they come from, and are they really a threat to the traditional monetary system? The origins of Bitcoin In 2008, a paper appeared in a newsletter to members of the Cryptography Mailing list, outlining a plan for a new kind of currency called Bitcoin. The following year, the first units of this new currency were available, following release of the Bitcoin software and the launch of its online network.

Why most people refuse to accept and understand Bitcoin. - Bitcoin Community The answer is simple. It is because most modern people are prisoners of The Cave. ( ) How is this related to biticoin (and gold standard) ? The Richter Report explains here

Ce site est une encyclopédie exclusivement dédié à Bitcoin, fournissant des articles plus complet, des liens utiles, un forum et des chatrooms permettant de bien assimiler le fonctionnement, les risques, etc. by gundert_groupeg_info Mar 2

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