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Technology & Innovation

10 Facts About Bitcoin

Bitcoin is the virtual currency that’s all the craze right now. It even has some powerful allies, like Overstock.com’s C.E.O. Patrick Byrne whose popular shopping site accepts Bitcoin and promotes reward programs to push the use of the currency.


But as Daniel Altman wrote for Big Think, there’s still so much we don’t know about Bitcoin, indicating potential problems. 

Here are 10 things we do know, including some facts about Bitcoin that may surprise you: 

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The first Bitcoin ATM in the US opened in Austin, Texas. And the virtual currency gained outspoken support from Overstock.com CEO Patrick Byrne, who launched reward features for Bitcoin spenders. […]

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