Tuesday, November 26, 2013

Bitcoins

Bitcoins

The new form of currency




bitcoins are a new form of money that is completely digital. It allows people to purchase things online and also illegally because they are untraceable. They are used on black market websites like silk road, where people would purchase illegal narcotics, weapons, and even Hitmen. Even though they are used for illegal things, there are plenty of good uses for them, and there has been speculation that the economy will change to bitcoins eventually. This of course is very controversial because people are worried about the safety of their money, and there is very little knowledge of it throughout the general public.

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