Bitcoins: The New Age of Currency

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  • What Are the Advantages?
  • How do Bitcoins Work?
  • Bitcoins Rise in the US
  • Who Accepts Bitcoins?
  • Take a Trip to Outer Space
  • Purchase Anonymously
  • Digital Bank Robbery
  • The Future
  • Digital Currency at the Tip of You Digits
  • What Is a Bitcoin?

Bitcoins Rise in the US

The Senate Committee on Banking, Housing and Urban Affairs held its first-ever hearing on virtual currencies on Nov. 19 to outline the potential benefits and liabilities of bitcoins. "The Department of Justice recognizes that many virtual currency systems offer legitimate financial services and have the potential to promote more efficient global commerce," said Mythili Raman, acting assistant attorney general for the Justice Department's criminal division.

(Photo: Sean Gallup/Getty Images)

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