What's the Deal with Bitcoins?
Rethink Press
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Have You Heard About Bitcoins? What are they? Who created them? Why are they important? Will they replace paper money? Is it like Gold? Bitcoins are in the news regularly these days. These reports range from talking about how Bitcoins will replace paper money in many countries to how Bitcoins are being used as a way to pay for drugs, gambling and prostitution. So, what’s the deal with Bitcoins? • Bitcoin is, at its core, virtual currency. • It is a digital representation of money that can be used to purchase goods and services in the same way cash can be used to purchase those same goods and s
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