“Techies know that ‘bitcoin’ is a virtual currency generated by predetermined computers and recognized on traditional currency exchanges as BTCs. Of interest to investors and business owners, bitcoins have skyrocketed into mainstream popularity, as has their price. No government is involved in creating bitcoins, and they are insulated from Cyprus-style bank lockouts. But before joining the BTC revolution, here are seven fundamentals to consider.”
http://www.abajournal.com/magazine/article/some_basic_rules_for_using_bitcoin_as_virtual_money/
