What is BitCoin?
A new virtual currency (no different than credit), that unlike fiat currency (traditional) is generated through computation.
My initial reaction was skeptical, and full of cynicism. After four hours of research I am ready to invest into what many have been doing for aggressively for the past eight months.
https://en.bitcoin.it/wiki/Introduction
https://en.bitcoin.it/wiki/FAQ
and
http://en.wikipedia.org/wiki/Bitcoin
Once understood proceed to:
http://www.reddit.com/r/Bitcoin/
http://bitcoinreport.blogspot.com/
http://bitcoincharts.com/markets/
http://www.alloscomp.com/bitcoin/calculator.php
http://mining.bitcoin.cz/
https://mtred.com/
http://philipthrasher.com/2011/06/07/ubuntu-bitcoin-mining.html
http://www.overclock.net/folding-home-guides-tutorials/384733-30-second-dummy-plug.html
https://en.bitcoin.it/wiki/Mining_hardware_comparison
https://en.bitcoin.it/wiki/Mining_rig
My thoughts:
I believe this is a good thing. An international currency, that is not at the whims of any single government. A revolution yes. More importantly we are one step closer to where we need to be.
Financial Goals:
- Pay all debt
- Pay for plastic surgery
paid by: [mining] + [ea] + [mobile contract work] + [ea overtime]
Goal: $50k
Result: Freedom
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