Arnidith Silvestre

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Cryptocurrencies like Bitcoin are fascinating, and if someone is able to do their own solving of the algorithmic puzzles and mining of the Bitcoin, there is even money to be made. However, as interesting as the idea of cryptocurrencies are, the ways Blockchain technology will immeasurably alter the methods in which the world shares information is incredible. Within the next decade, I am sure that cryptocurrency and the Blockchain technologies will become an integral part of our lives.

You have probably heard of Bitcoin. It has garnered a lot of attention lately, both among Bitcoin enthusiasts and in the mainstream media. There is a lot of hype surrounding Bitcoin. It has been featured in news and periodical articles, as well as television shows. It seems to be a buzzword that is quickly becoming embedded in popular culture. Many people have heard of it and know that it is a "virtual currency", but what does that mean? What is a virtual currency? What is Bitcoin even good for, and how can you use it?