Post
Topic
Board Beginners & Help
Re: Hi all
by
sottymax
on 19/01/2014, 20:12:44 UTC
check this out


Silk Road Bitcoin Stash To Be Auctioned!

http://www.foxnews.com/tech/2014/01/17/feds-to-sell-28-million-in-seized-bitcoins/

"The U.S. government announced plans to sell a whopping $28 million worth of bitcoins, the volatile digital currency that’s taking the Internet by storm.

Bitcoins are a form of currency, like the U.S. dollar, the British pound or the Indian Rupee. But Bitcoins aren’t tied to any country or even to physical paper or coins at all. Instead, computers “mint” them according to complex algorithms, adding a new coin to a database at a slow but steady rate.