POPULAR SCIENCE ON BITCOINS
TonyMarq last edited by
Just a lite read coming from an unusual magazine, Popular Science.
dorabritton last edited by
Bitcoin is not intuitive. It takes more than 10 minutes to explain. It can be stolen from you if someone steals your cryptographic keys. And it can be lost or destroyed. If you misplace the keys needed to unlock your entry on the Bitcoin ledger, say by wiping your hard drive or discarding it, you lose your Bitcoin. People call these “zombie coins,” and one analysis estimated that 25 percent of Bitcoin are zombified, a loss of more than a billion dollars.