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Bitcoin is a free and easy to use, open source peer-to-peer electronic cash system that is completely decentralized, without the need for a central server or trusted parties.

Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending. Users can transfer money easily through the Internet, without having to trust middlemen. Third parties can’t prevent or control your transactions.

As it is portrayed on FTL, the bitcoin store is all about serving the bitcoin community, i.e. "selling for cost." lol Seriously? The store is selling/gambling on upward valuation. It's not a "charity" type enterprise at all. It hedges it's sales on the hope that what it takes in low bitcoin value will be able to sell back to legitimate currency at a far greater rate.

'Zerocoin' Add-on For Bitcoin Could Make It Truly Anonymous And Untraceable.

Bitcoin is a ludicrously bad idea. It is a scam. A Scam. It is not a currency. The economic assumptions underpinning the Bitcoin ecosystem are laughable, and ignore hundreds of years of accumulated understanding of how currencies work with each other.

Fortunately, it's such an obviously flawed system that it will probably never grow to a point where it causes any ill-effects,or even impact, to world economies.

This is a talk by Bitcoin core developer Mike Hearn of Google where he discusses "The future of Bitcoin: new applications and rebuilding the banking system" at the London Bitcoin Conference 2012. Watch it to learn how Bitcoin can revolutionize more than "just" money.

CoinConnect is here because of Bitcoin and for Bitcoin. Social networking is quickly becoming one of the most widely used forms of communication and we want to bring that level of success to Bitcoin and the great businesses and organizations that use it and promote it.

It's time for Bitcoin to evolve to the next level and CoinConnect is here to help facilitate that growth.

CoinConnect is the bridge between Bitcoin and the rest of the world.

Counterpoint: "Bitcoin is a libertarian’s dream come true: a steadily expanding money supply without the state getting in the way of the sweet mechanics of the market. Bitcoin isn’t just a currency, it’s a massive experiment in group trust. It’s also a hint of the financial system to come and, ultimately, a scam."

Over the years, Bitcoin has experienced ups and downs; the currency has been targeted by hackers and thieves and botnets and been victim to more than one embarrassing software glitch. But it has persevered, and this week, one can fairly say that Bitcoin came of age. On Monday, the U.S. Treasury’s Financial Crimes Enforcement Network released its first “guidance” as to how “de-centralized virtual currencies” should fit into the larger regulatory regime under which currencies of all kinds are required to operate.

Mohammad Rafigh is an Iranian Musician living in Tehran and also a computer engineering student. After discovering Bitcoin he became fascinated by it, and made his most recent album "Beyond Matter" available for Bitcoin.Rafigh wrote “Bitcoin is so interesting for me, I wish the culture of using digital money spreads all over the world, because it does not have any dependency on anything like politics.” Rafigh has begun translating Bitcoin software into Farsi