>>What the heck are Bitcoins? Have you heard of this "money" phenomenon?
>>
>>http://www.businessinsider.com/presentation-what-is-bitcoin-2013-3#
>
>nice and easy presentation. I would be more careful with the opinion on confiscation.
>Inflation/deflation might occur as well even if no advances in mining tehcnology are made: indirectly by gov suppression of the currency.
>Just imagine a bitcoin tax/due forced upon such transactions and willingness (to skip "interest") might take a nose dive.
>Also a few stashes were stolen - which caused AFAIR at least one heavy value drop few years back.
>
>my 0.0001 BC
>
>thomas

So lots of further info at http://bitcoin.org/en/ and http://bitcoin.org/en/resources - interesting idea !