Do you know the difference between bitcoin and Bitcoin? It seems as though we’ve been hearing a lot about bitcoin lately, but most of us don’t use it or really know what it is.
Bitcoin was first in the spotlight after the Silk Road human trafficking controversy, but it has really become more mainstream since then. Instead of being associated with the black market, bitcoin is starting to be associated with investments and new world currencies. It is a useful tool for regions where banking systems are spotty, and total control is placed in the hands of the consumer. It is dangerous, however, due to the relative ease of theft. It’s also not accepted as readily as a credit card payment.
Learn more about the pros and cons of bitcoin as well as the possible directions bitcoin banking could take in the future from this informative infographic. Do you own bitcoin?