Bitcoin Releases Version 0.3
Teppy writes "How's this for a disruptive technology? Bitcoin is a peer-to-peer, network-based digital currency with no central bank, and no transaction fees. Using a proof-of-work concept, nodes burn CPU cycles searching for bundles of coins, broadcasting their findings to the network. Analysis of energy usage indicates that the market value of Bitcoins is already above the value of the energy needed to generate them, indicating healthy demand. The community is hopeful the currency will remain outside the reach of any government." Here are the FAQ, a paper describing Bitcoin in more technical detail (PDF), and the Wikipedia article. Note: a commercial service called BitCoin Ltd., in pre-alpha at bitcoin.com, bears no relation to the open source digital currency.
Pshaw! The only true reliable source of information is the guy who appears on late night television with that goofy suit with $ signs all over it who talks about getting free money from the government.
It must work, look at how many politicians we have.
Compared to that guy, Wikipedia is still in diapers.
Tisha Hayes
Don't forget, you can always use your paper money as toilet paper. That's why I keep a few American dollars in my wallet. You just never know when a washroom might run out of toilet paper.
how do these big fat women always find the exact center of a doorway or an aisle so that no one can get around them
Practice. If they get too close to any wall their gravity might collapse it towards them.