Comments on: What The Heck is Bitcoin?

By: J. Money

J. Money — Tue, 17 Dec 2013 01:38:54 +0000

In reply to Revanche. That's so 2012.

By: Revanche

Revanche — Sun, 15 Dec 2013 21:28:03 +0000

In reply to J. Money. Well, good ole cash money should do the trick, right? ;)

By: J. Money

J. Money — Thu, 05 Dec 2013 01:43:25 +0000

In reply to Britt Reints. Hah! Ya never know, right? It's doubled in value even since this post right here was written back in October! Pretty wild stuff... def. takes some cajones to jump in :)

By: Britt Reints

Britt Reints — Wed, 04 Dec 2013 22:19:03 +0000

Thanks for this! I saw a few mentions of bitcoin on Facebook and was totally confused.

I think it’s interesting that you use *real* money to fund a bitcoin account. Something about that makes the new currency feel less credible to me.

That being said, I remember when I first signed up for PayPal over a decade ago. No one was using it but a few internet marketing companies, it seemed! Maybe this will be the next revolution in currency.

By: jack

jack — Fri, 04 Oct 2013 20:15:18 +0000

The problem with bitcoin is there is no regulation. Remember the financial disaster we just went through. What caused it was lack of regulation. Also, keep your money in the bank, and it is protected, to a certain point. Good luck to you if some hackers steal your bitcoins. Who are you going to go to?

By: J. Money

J. Money — Wed, 02 Oct 2013 14:27:13 +0000

In reply to FF. And thanks to you for taking the time to really research and present the info well to us! You just saved me a decent 10+ hours, haha...

By: J. Money

J. Money — Wed, 02 Oct 2013 14:18:32 +0000

In reply to Hunain @ HowToSaveMoney.ca. It would be interesting to fast forward through time 5 or 10 years from now and see how all this evolves. I agree with you that a digital currency will probably become mainstream at some point down the line.... whether it's Bitcoin or something new.

By: FF

FF — Tue, 01 Oct 2013 16:06:48 +0000

Hi all, just wanted to say thank you for reading and for your feedback – I really appreciate it!

By: Christine @ ThePursuitofGreen

Christine @ ThePursuitofGreen — Tue, 01 Oct 2013 02:32:16 +0000

I’ve been hearing about bitcoins but it sounds too volatile for me! I’m fine with using the older methods of payment so for now no bitcoins for me.

By: Hunain @ HowToSaveMoney.ca

Hunain @ HowToSaveMoney.ca — Mon, 30 Sep 2013 13:55:10 +0000

Bitcoins are the new age of currency. I actually think it’s time for us all to use digital currency because it’s a more secure way of trading money. But, there are downsides of this currency as well like it can be easily used in the illegal trading of drugs etc. I hope they will make a more secure way of doing digital currency so everyone can easily use and benefit from it.