Remember when Cyprus defaulted and everyone was rushing to get their money out of banks and into something safer? Well that’s when Bitcoins gained notorious popularity. Bitcoins are basically online currency. It’s safe, and when the government defaults, they aren’t going to be able to pay off their debts using YOUR money from cyberspace.
Bitcoins are not just online money. They’re also used in an exchange where people trade Bitcoins like stocks…. It’s new, and it’s growing!