The Craig Fahle Show

What Exactly Is Bitcoin?

Wednesday, February 26, 2014

Photo courtesy of

Stories of the Deep Web, Silk Road and Mt. Gox have recently popped up in the headlines all revolving around the trade of Bitcoin. The electronic currency is traded from person to person, much like cash but with no middlemen such as banks or credit unions. What does that mean? Discovery News correspondent Eric Niiler explains what it is, what it does and where it might be headed.

Go Deeper:

What Is Bitcoin - CNN Money

Bitcoin Believers Keep The Faith - Reuters