Sunday, March 23, 2014
Bitcoin's promise: a financial revolution the web's been waiting for | Reuters
(Reuters) - Bitcoin may not be the messiah of a new currency its hardcore fans yearn for, but it may herald the deeper financial revolution the internet has been waiting for.
While computers and smartphones have brought the web to more than a third of the world's population, online commerce still largely depends on a banking system that has changed little over recent decades, some of it relying on computer code written before the web was born.
The growing interest in bitcoin, a digital currency that requires no centralized body to handle transactions, is beginning to change all that.
Read more...Bitcoin's promise: a financial revolution the web's been waiting for | Reuters
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