Mining for Bitcoins
A friend of mine alerted me to this interesting article on “Bitcoin,” a “P2P virtual currency” launched in 2009, which appears to be a form of virtual “gold,” intended to be used as digital money. A quick search showed that opinions on its legitimacy are decidedly mixed: some people think it’s great & others think it’s a scam. I’m no economist, but I can’t help wondering why Bitcoins aren’t unregistered securities. Uh-oh? Maybe someone will be hearing from the SEC?