Just a little bit? Is Bitcoin just a bubble or the global currency of the future?

We’ve been hearing a lot about Bitcoin, from high-tech heists to people who became overnight virtual currency millionaires. But what is it exactly?

Bitcoin is a peer-to-peer crypto-currency. This means that no particular central authority such as a banking institution prints money or tracks any of the electronic transactions that take place. This has a huge implication since governments and financial authorities have no control over how this currency is operated.

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Ian Vella