http://bfwatch-prod3.barcampbank.org/?q=node/318 Comments for "Bitcoin" en http://bfwatch-prod3.barcampbank.org/?q=node/318 <div class="vote-up-down-widget"><span class="up-inact" title="You must login to vote."></span><span class="down-inact" title="You must login to vote."></span></div><div class="field field-type-text field-field-url"><div class="field-label">URL:</div><div class="field-items"><div class="field-item"><p><a href="http://www.bitcoin.org/" title="http://www.bitcoin.org/">http://www.bitcoin.org/</a></p> </div></div></div><div class="field field-type-text field-field-short-description"><div class="field-label">Short description:</div><div class="field-items"><div class="field-item"><p><span style="font-family: Verdana, Tahoma, Arial, Helvetica, 'Bitstream Vera Sans', sans-serif; font-size: 12px; line-height: 16px" class="Apple-style-span"><br /> <p style="margin-top: 1em; margin-right: 0px; margin-bottom: 1em; margin-left: 0px">Bitcoin is a peer-to-peer digital currency. Peer-to-peer (P2P) means that there is no central authority to issue new money or keep track of transactions. Instead, these tasks are managed collectively by the nodes of the network. Advantages:</p> <ul style="margin-top: 1em; margin-right: 0px; margin-bottom: 1em; margin-left: 0px; padding-left: 2em; list-style-type: disc"> <li style="padding: 0px; margin: 0px">Bitcoins can be sent easily through the Internet, without having to trust middlemen.</li> <li style="padding: 0px; margin: 0px">Transactions are designed to be irreversible.</li> <li style="padding: 0px; margin: 0px">Be safe from instability caused by fractional reserve banking and central banks. The limited inflation of the Bitcoin system’s money supply is distributed evenly (by CPU power) throughout the network, not monopolized by banks.</li> </ul> <p style="margin-top: 1em; margin-right: 0px; margin-bottom: 1em; margin-left: 0px">Bitcoin is an open source project currently in beta development stage. Development is hosted at <a style="color: #243fd6" href="http://sourceforge.net/projects/bitcoin/">SourceForge</a>.</p> <p></span></p> </div></div></div> http://bfwatch-prod3.barcampbank.org/?q=node/318#comment P2PMoney Web Payments English Other Sat, 15 Jan 2011 13:01:42 +0000 Sam Rose 318 at http://bfwatch-prod3.barcampbank.org