05/2012 months, a number of members on the board 5giay.vn Bitcoin bought 100 contracts in the amount of 10 million USD. After 1 year (05/2013), these members could have sold for $ 300 million. What is Bitcoin? And why it can cause noise in the world of the internet now so? The following article will share a fairly easy way for you to capture information about Bitcoin.

WHAT IS ELECTRONIC CASH?

Electronic money (e-money) is money being circulated via the internet.
Electronic currency (digital currency) is a currency with a monetary equivalent in the real world.
You can imagine, besides USD, USD currencies also like: WMZ, PM, Bitcoin ... and you can use it to purchase goods and exchange, to receive ... This money does not exist in the form of banknotes or coins that exist as numbers in your account.

WHY THE ELECTRONIC CASH EXIST?

Electronic money exists because ... there are people willing to use it. You can get in a certain currency as "Teo Dong" for example. You just need to convince a group of users to exchange it with another purchase, you can watch as you gave birth to a new currency. :)
Returning to electronic money. Do you know the currency in the game Second Life has been used to purchase real goods and can be viewed as an electronic currency? The reason is that the game Second Life has made a large number of people owning this coin and trusting enough to swap, sell each other.
Thus, the reason for the existence of electronic currency is it enough to convince some people to believe and use it for storage, sale and exchange.