Bitcoin: Difference between revisions
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{{as of|2011|5}} there are just over 6 million Bitcoins in existence. At current prices, the total value of the Bitcoin economy is about 22 million USD.<ref>[http://bitcoinwatch.com/]</ref> | {{as of|2011|5}} there are just over 6 million Bitcoins in existence. At current prices, the total value of the Bitcoin economy is about 22 million USD.<ref>[http://bitcoinwatch.com/]</ref> | ||
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The Bitcoin economy is still small relative to long-since established economies and the software is still in the beta stage of development. But real goods and services, such as used cars{{Citation needed|date=April 2011}} and freelance software development contracts, are now being traded. Bitcoins are accepted for both online services and tangible goods.<ref name="bitcointrade">{{cite web |url=http://www.bitcoin.org/trade |title=Bitcoin Trade |publisher=Bitcoin.org |accessdate=22 December 2010}}</ref> The [[Electronic Frontier Foundation]] and [[Singularity Institute]] accept bitcoin donations.<ref>[https://www.eff.org/helpout#bitcoin EFF Bitcoin donation page]</ref><ref>[http://singinst.org/donate/ SIAI donation page]</ref> Traders exchange regular currency (including US dollars, Russian rubles, and Japanese yen) for bitcoins through exchange sites.<ref>[http://bitcoincharts.com/markets/ Bitcoin Charts]</ref>{{Self-published inline|date=December 2010}}<ref>{{cite news | |||
|date=2010-10-10 | |||
|title=Could the Wikileaks Scandal Lead to New Virtual Currency? | |||
|first=Keir | |||
|last=Thomas | |||
|newspaper=[[PC World]] | |||
|url=http://www.pcworld.com/businesscenter/article/213230/could_the_wikileaks_scandal_lead_to_new_virtual_currency.html | |||
|accessdate=2010-10-10 | |||
}}</ref> Anyone can view the block-chain and observe transactions in real-time. Various services facilitate such monitoring.<ref>[http://bitcoinwatch.com bitcoinwatch.com]</ref><ref>[http://www.bitcoinmonitor.com bitcoinmonitor.com]</ref> | |||
===Monetary differences=== | ===Monetary differences=== | ||
