Bitcoins: The New Age of Currency

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  • Digital Currency at the Tip of You Digits
  • What Is a Bitcoin?
  • 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

What Is a Bitcoin?

A bitcoin is digital money. It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen such as the Federal Reserve. Bitcoins have digital addresses, with the balances stored and documented in an online ledger called a “blockchain.”

(Photo: George Frey/Getty Images)

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