Bitcoin is a kind of electronic currency (peer-to-peer money, to be exact), produced and distributed digitally. Human involvement is quite minor. Bitcoins are non-printed money, an approach opposite to the conventional principle of currency. They are generated by a considerable amount of people using networked computer systems all around the globe using software.
Ross Ulbricht has become really famous in a bad way, as he was the owner of Silk Road that was founded some years ago. Silk Road was an online marketplace that was described as the “Amazon of drugs.” This is not an unfair characterization, especially if you consider that over 50 per cent of transactions […]