Science & Technology

Digital Currency Creating Interest and Controversyi
X
December 16, 2013 6:55 PM
People who want to buy goods, pay for services, or transfer money anywhere in the world bypassing all the banks, credit cards and other financial services, even the governments, increasingly use virtual money called Bitcoin. Devised in 2009 by a secretive software developer, whose real name nobody knows, the digital currency is generating a lot of interest - and controversy. VOA’s George Putic explains.

Digital Currency Creating Interest and Controversy

Published December 16, 2013

People who want to buy goods, pay for services, or transfer money anywhere in the world bypassing all the banks, credit cards and other financial services, even the governments, increasingly use virtual money called Bitcoin. Devised in 2009 by a secretive software developer, whose real name nobody knows, the digital currency is generating a lot of interest - and controversy. VOA’s George Putic explains.


You May Like

Multimedia Anti-Keystone XL Protests Continue

Demonstrators are worried about pipeline's effect on climate change, their traditional way of life, health and safety More

Thailand's Political Power Struggle Continues

Court gave Prime Minister Yingluck Shinawatra until May 2 to prepare her defense over abuse of power charges but uncertainty remains over election timing More

Malaysia Plane Search Tests Limits of Ocean Mapping Technology

Expert tells VOA existing equipment’s maximum operating depth is around 6 kilometers as operation continues on ocean bed for any trace of MH370 More