Could Wikileaks Scandal Lead to New Virtual Currency?

11.12.2010
It's not an exaggeration to say that the recent Wikileaks scandal has . Regardless of where you stand on the debate, various services have simply refused to handle Wikileaks' business--everything from domain-name providers --and this has led to many questioning how robust the Internet actually is.

Hackers have already stated their aim to , . This uses peer-to-peer technology to get around the problem, a favorite of hackers because it's impossible to regulate.

But how about an entire currency based on peer-to-peer technology?

That's what's on offer from , a decentralized virtual currency that could either be the best idea since they figured out how to slice bread, or just another hacker's daydream. As the Wikileaks debacle continues, it's being increasingly discussed in various sections of the Web as a possible solution to the .

Bitcoin is the creation of Japanese programmer , and is a real, actual currency through which you can buy services and goods, right now. If you don't believe me, take a look at the .

Newcomers can earn Bitcoins by downloading the Bitcoin client software and running computationally intensive tasks on their computer. In other words, the longer your computer is left running the Bitcoin client program, the more Bitcoins you'll incur. It runs in the background, and is polite to other software so you shouldn't realize it's there. , the current rate of earning Bitcoins is about 50 every three weeks.