Bitcoins: a virtual currency

December 4, 2013
bitcoin, litecoin, cryptocurrency, us dollar, cad dollar, fiat

Currency is going digital. We see it when people get paid electronically and use plastic cards or online accounts in place of traditional paper currency. Will this mean that one day paper currency will be phased out for nefarious reasons like ‘saving the trees’ or ‘counterfeit bills’? Who knows, but one thing is certain – […]

Tags: , , , ,
Posted in Outlook | No Comments »

Bitcoin vs Fiat Currency

December 4, 2013

If you’ve been following Bitcoin in the past week, you may already know its currently valued at $1000 USD per 1 unit of Bitcoin. Sounds crazy, but it’s true. After weeks of rising, and then a sudden drop over the weekend it’s been holding steady around $1000 USD. What does this mean? Well, several things: […]

Tags: , , , , , , , , , , , ,
Posted in Outlook | 1 Comment »