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A few weeks ago the Royal Canadian Mint rolled out MintChip, a digital currency that is “better than cash.” It isn’t an alternative currency in that it’s a digital representation of the sovereign currency — the Canadian dollar.

More than three-quarters of the digital coins in the Bitcoin digital currency scheme aren't circulating because they remain dormant in user accounts that have never participated in outgoing transactions, a recently published study has found.

More than three-quarters of the digital coins in the Bitcoin digital currency scheme aren't circulating because they remain dormant in user accounts that have never participated in outgoing transactions, a recently published study has found.

Lawmakers want DEA to crack down on digital currency claims companies such as Bitcoin are funding illegal drugs.

Users and fans of the open-source, digital currency Bitcoin should feel a little less secure today, after leaders of the Bitcoin project confirmed to a British newspaper they have no way to confirm a user's claim that almost $500,000 worth of the digital currency disappeared from his hard drive overnight.

What is the bitcoin backed by? As in gold itself is backed by itself and works GREAT but once again doesn't happen instantly like digital transactions and those wanting them need/want.I guess since most who would be interested in bitcoins are also aware of the current economy, where our government ( and others ) are trying to take us AND if they succeed I don't see the point in a digital currency but rather something that can be locally traded like shire silver or other "physical" goods.

OKCupid announced on Tuesday via Coinbase, a "bitcoin wallet" where people can buy and sell the digital currency, that it would begin taking payments in Bitcoin for its "A-List" features.

The site joins dozens of other sites, including WordPress and Reddit, in accepting the digital currency.

Entrepreneur Taylor More listed his two-bedroom Alberta bungalow, asking 405,000 Canadian dollars (£261,000; $395,000) - or the equivalent in Bitcoins. Bitcoins are now a widely used alternative payments system and one Bitcoin is currently worth about £37.

Are physical Bitcoins legal?

Bitcoins aren't just an abstract financial instrument living somewhere in the digital ether anymore. They're now a physical currency capable of taking a ride in your pocket or scratching off your lottery tickets.

The physical Bitcoins, called Casascius Bitcoins and created by a guy in Utah named Mike Caldwell, are made of brass, with gold electroplating on the 25 Bitcoin denomination. And, of course, they're tied to the peer-to-peer, open-source digital currency that's been exchanged on the Internet for a while now.