Bitcoin Explained

Huff Post's mazon One Virtual Coin

I just came across this Huffington Post video describing what Bitcoin is and the relationship between virtual currency and Bitcoin (as well as Amazon.com’s virtual “One” currency). The video is 22 minutes long and relatively easy to understand. There are several related resources beneath the video. (Please note that there is a 30-second commercial at the start.)

Check out the story of the currency of the island of Yap (at the 13:04 mark)

Money from the Island of Yap

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