\ Bitcoin may be the currency of the future, so what is it?
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Bitcoin may be the currency of the future, so what is it?

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Bitcoin may be the currency of the future, so what is it?

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Bitcoin may be the currency of the future, so what is it?
http://chic.clipsyndicate.com/video/playlist/12487/7210822?cpt=8&wpid=2637 Thu, 14 Dec 2017 02:34:30 +0000 Bitcoin may be the currency of the future, so what is it? Bitcoin may be the currency of the future, so what is it? http://chic.clipsyndicate.com/video/playlist/12487/7210822?cpt=8&wpid=2637 KRCR bitcoin! it's the new thing everyone seems to be talking about.. and it could be our payment method of the future... and but what exactly is it? today we asked an electrical and computer engineering expert at chico state. assistant professor joe wang tells us bitcoin is digital cash.. with the purpose to replace traditional paper money. it's like a credit card.. but keeps the bank.. the credit card companies and their fees out of it. it also allows you to make purchases anonymously.. based on just an account number. but whats the exact value? professor wang says it fluctuates and gives us this example. "today, if you would like to sell you camera and you think your camera is worth maybe, lets say $200, for example. and you convert it to bitcoin. there is an equivalent amount of bitcoin today. but tomorrow, maybe the price of bitcoin increases, so of course, you need to do some adjustments on your selling price, to reflect that change." critics of bitcoin say there isn't enough security and if a hacker gets in.. they have all access to the currency. still - the stock for bitcoin has gone way up. professor wang says at the begininng of the year..one bitcoin was 1,000 dollars.. today.. it's




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