L019: Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen - Launch -

http://launch.is/blog/l019-bitcoin-p2p-currency-the-most-dangerous-project-weve-ev.html

What Are Bitcoins? ========= Bitcoins are virtual coins in the form of a file that is stored on your device. These coins can be sent to and from users three ways: 1. Direct with peer-to-peer software downloaded at bitcoin.org 2. Via an escrow service like ClearCoin 3. Via a bitcoin currency exchange Each owner transfers the coin to the next by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. A payee can verify the signatures to verify the chain of ownership. The benefits of a currency like this: a) Your coins can’t be frozen (like a Paypal account can be) b) ... can’t be tracked c) ... can’t be taxed d) Transaction costs are extremely low (sorry credit card companies) ============ We are 100% certain that governments will start banning bitcoins in the next 12 to 18 months. Additionally, we’re certain bitcoins will soar in value and a crush of folks will flood the system and start using them.
Tags: bitcoin, p2p, money, currency, internet, opensource, economy, via:packrati.us, politics, virtual Saved by: admin

Overview: Angels on Twitter & Facebook - LAUNCH
RT @GiselaFPJ: Listado de Business Angels de USA y Canadá (cuentas de twitter y facebook) http://bit.ly/g2GdjM #emprendedores #businessa ...
http://launch.is/angels-on-twitter-facebook/
Tags: angel, investment, business, entrepreneurship, investor, investors, startups, vc, bcfg, businessa Saved by: admin