What Is Bitcoin and How Does It Work? | Mashable Explains


It’s hard to deny that Bitcoin is changing the way we use money, and our concept of how currency should work. So what is Bitcoin exactly?

Credits:
Photo of different currencies:
http://simplecurrencyconverter.blogspot.com/p/currencies.html

Decentralized/Centralized Illustration:
Mashable composite. iStockphoto, betamax; nicoolay; johnwoodcock; retroimages; aristotoo; 4×6; Patrick Damiano

Blockchain:
Courtesy of Silicon Angle; Blockchain.info

Miner 1:
http://bitell.sinaapp.com/show.php?tid=938

Miner 2:
http://bitcoinexaminer.org/20-insane-bitcoin-mining-rigs/

Miner 3:
http://www.openmobilefree.net/?p=1308

Bitcoin Stock Video:
iStock, Movie Elements

Bitcoin Stock Photo:
http://www.coindesk.com/information/what-can-you-buy-with-bitcoins/

Bitcoin Creation Rate Chart:
Wikipedia

Bitcoin ATM:
ABC 10 News
http://www.10news.com/news/worlds-first-bitcoin-atm-coming-to-san-diego-050213

Bitcoin Value Graph:
Blockchain.info

TechKNOWledgy you can use from Verizon
http://www.youtube.com/watch?v=nq1cUYYvoTI&list=PLrbQTM5j6LLDQ1ll81ryTW6bVtGvOZeRU

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