Need to Know: Practical Bitcoin basics
Unless you’ve been living under a rock, you’ve probably heard the phrase Bitcoin uttered around tech circles, or maybe even on mainstream news outlets. Maybe you’ve seen Bitcoin as a payment option on stores like Steam and Microsoft’s. But what is Bitcoin, why should you care and is it worth bothering with? As to what Bitcoin is, simply put, it’s way of transferring money around. Some people think it’s a challenge to government reserve banks (probably not) or a whole new system of finance technology akin to the credit card (quite likely), but for us plebs, right now, it’s main utility is cheaply and quickly sending money from A to […]