Bitcoin: Where the Laws of Mathematics Prevail

Bitcoin: Where the Laws of Mathematics Prevail

So let’s get started. Why are we here? We’re here because eight years ago a person under the pseudonym Satoshi Nakamoto created a new technology. And this technology is the blockchain technology that is part of bitcoin. Now, this technology is not just one thing. In fact, there’s four different technologies coordinated together. Bitcoin was…

How Should Bitcoin Be Regulated?

How Should Bitcoin Be Regulated?

The bitcoin heads to Washington Monday — or at least — the virtual currency’s backers — in a bid for “safe and sane” regulation. So what’s bitcoin? Introduced in 2009, it’s peer-to-peer currency that isn’t backed by any bank or central authority. Its supporters say bitcoin makes mobile payments safe and easy, with little to…