Bitcoins: Currency of the Future?

Thanks ‘Tech Talk’ for the post…

TechTalk

For those who do not know, Bitcoins might possibly be the currency of the future. Bitcoins are a type of electronic currency which are basically unique strings of numbers that can be owned by any individual with access to the internet. Unfortunately for right now, Bitcoins are almost solely used for illegal transactions. Cyber criminals love Bitcoins because of the fact that they can be purchased almost anonymously. I decided to check out the new Bitcoin craze myself with the help of my technically savvy roommate. In order to log-on to the underground black market of the internet I first had to download torBrowser which automatically assigned me an anonymous IP address so I could not be tracked. I was shown one hidden site called the Silk Road which is the largest underground black market on the internet to date. Although you had to jump through many hoops to get…

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