Turk Posted December 13, 2013 Share Posted December 13, 2013 Bitcoin has been chosen as the word of the year by the Australian National Dictionary Centre (ANDC). Bitcoin is a type of digital currency in which transactions can be performed without the need for a central bank. A single bitcoin is essentially a computer file or code that is traded between two people. A peer-to-peer network using cryptography is used to verify bitcoin transactions as opposed to a central bank. The currency has exploded in popularity since it began four years ago. Where once a single bitcoin was worth a few cents online, it is now jumping around $1,000 per coin, creating millionaires in the process. http://www.abc.net.au/news/2013-12-13/australian-dictionary-centre-chooses-bitcoin-as-word-of-the-year/5154160 Link to comment Share on other sites More sharing options...
Tharixxx Posted December 13, 2013 Share Posted December 13, 2013 tfs Link to comment Share on other sites More sharing options...
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