What is Bit Coin?

What is Bit Coin?

CryptoCurrency is a pure digital form of currency, stored digitally as a file, and able to be sent over the Internet using a peer to peer network that in most cases is open source.  BitCoin is the most widely used form of Crypto Currency currently in use today.  There is a great intro to Bit Coin video embedded below...


Also last Friday, I did a extended radio segment discussing Bit Coin more in depth.  The direct link to that interview is http://www.drumhelleronline.com/drum-fm/16816-what-is-bitcoin  For anyone interested in Bit Coin this helps answer a lot of common questions.


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