While I may not be an economist and don’t know that much about the economy I am learning a lot about the way it works by reading and listening to people a lot smarter then me. This has led me down a road that convinces me that physical assets backed by something will actually retain value. This stands in contrast to items that are not will lose value and can be exploited. This is why I am beginning to like Bitcoins and other non monopoly or government controlled money. Bitcoins look to me as a great way to be able to have a semi international currency which can be used almost any where. This article will address how to get and be able to use bit coins in your everyday life.
There are always a number of questions that arise when it comes to a digital currency. Where do I get them? Is it safe? Where can I spend it? Isn’t this currency used to buy drugs and do crime? How is this different from the dollar? I could go on for a long time about this but most of these questions have relatively easy answers. Let me start of by saying that the majority of this currency is used by legitimate people. Is it used by criminals? Yes it is, however so are most other currencies and there is very little that can be done about that.
Essentially you set up an account with bitcoin.com and you go in and buy bit coins which can then be used at different places. This is similar to pay pall or using a credit card to pay for things.
Here is a list of websites where you can sign up:
This article has a list of websites that accept Bit coins
Here are two websites that are essentially fronts that will accept your bitcoins and you can buy convert them back to dollars for you.
Here are articles that discuss the Bitcoins:
Another bit coin article: http://www.zerohedge.com/news/2013-11-06/why-bitcoin-surging
Are you going to buy Bit Coins?