Monday, June 27, 2011

Bitcoins!

Have been playing around with bitcoins lately. Even though I seriously doubt the long-term viability of such a currency, I think its pretty amazing to be able to use it right now.

If you haven't heard about it, Bitcoin is a P2P, completely decentralized currency. Its like a digital version of having cash, with all the benifits (and disadvantages) of cash. Its anonymous and can't really be tracked (just like cash), but can also get stolen if someone gets access to your files.

People have been using it to buy t-shirts and accesoriesserver space and a physical NY restaurant even accepts payments using bitcoins. Imagine traveling the world without worrying about currency exchange problems and having a single currency that works everywhere.



To get started, check out bitcoin.org or download the app. on your computer and send me your bitcoin address so I can send you some!. If you are feeling rather generous, my address is 1JcNMmEUYCieADecgUNkjE3vYTanJhD9wu :)

Dwipal

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