July 30, 2015

Approach Bitcoin With Caution

Bitcoin Alamy

Once you look under the hood of bitcoin you realize that there is an expiry date given the maximum limit of 21 million bitcoins that are "mined" in an increasingly expensive process presently done in massive mainframes the size of football fields. It is also true that the infamous website known as the Silk Road, which trafficked all sorts of illegal goods such as drugs and guns, used bitcoin as the main currency.

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