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To: Errant

Can you give a quick bottom line on “bitcoin?” I never heard of it. Is it safer then PayPal?

3 posted on 01/10/2014 6:12:08 AM PST by celmak

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To: celmak

Check out this link for basic info about Bitcoin: A beginner's guide to bitcoin

Is it safer then PayPal?

In what regard?

5 posted on 01/10/2014 6:16:29 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)

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To: celmak

Look it up on WikiPedia for more info than I could possibly give here. It’s been the rage for the past year or so—it’s a cryptocurrency that exists on computers. PayPal is more like a banking wallet, using dollars. This is quite different. It bypasses the normal fiat currencies, but the value fluctuates. Governments are looking at it with a jaded eye, liking neither competition nor confidentiality.

8 posted on 01/10/2014 6:19:15 AM PST by Pearls Before Swine

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To: celmak

12 posted on 01/10/2014 6:35:42 AM PST by narses (... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)

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