Posts tagged with 'bitcoin'

PCPlus 316: What is crypto-currency?

I’ve just reread this article and, damn, it’s interesting. I recall it being fun to write as well. In essence, I go from the properties of real money – cash is a physical object (coin, banknote), it’s really hard to clone these physical objects, and transactions with cash are anonymous and untraceable – to thinking about a digital representation of cash – it’s not physical but a collection of bits, unless we take care it’s really easy to clone it like any digital file, and how the heck do you “transfer...