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Swedish authorities for the first time recovered debt in bitcoins

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Representatives of the Swedish government for the first time settled the repayment of debts with the help of bitcoin. This is the first time when law enforcement bodies officially accepted bitcoin as payment of arrears to the state.
One of the employees of Kronofogden (Swedish Bailiff Service) noted that bitcoin is a new asset that provides his organization more opportunities to resolve various issues and problems. Bitcoin is an alternative method of payment for citizens.

Bitcoin again costs more than all other crypto currency

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Today's growth of bitcoins above $ 5,000 again returned the world's first crypto currency to the dominance of capitalization in the crypto currency market, which in the course of 2017 was seriously shaken. In the summer months, due to the sharp increase in the popularity of ICO, the capitalization of the Ethereum and other major altokones has grown significantly, and the rate of their growth is much more than the growth of bitcoin. Therefore, in May, the Index of Bitcoin's dominance by the Coinmarketcap version fell below 50%, and in June briefly even fell below 40%.

Christine Lagarde: ignoring virtual currencies is stupid

Christine-Lagarde-ignoring-virtual-currencies Christine Lagarde - The Head of the International Monetary Fund

Managing director of the International Monetary Fund, Christine Lagarde, decided to warn the central banks about the increase in the distribution of Bitcoin. She recommended not leaving digital currencies without attention, as their popularity is constantly growing. Lagarde addressed this issue at a conference that took place last Friday in London. In particular, she said that digital currencies can make "good competition" traditional. Digital currencies are still young.

What is Bitcoin and how to make money on Bitcoins?

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Literally BITCOIN (bitcoin) is a "bit" unit of information, a "coin" coin. In fact, bitcoin (official abbreviated BTC) is an electronic payment system (currency), which does not have a single information center, so the system does not have a single owner. You can say that the cue ball belongs to those who use them. By the way, most often in the network bitcoin is called just bits. Electronic crypto currency bitcoin was created in 2009 (development started in 2007), a programmer or a team of programmers with the pseudonym of Satoshi Nakamoto (apparently the Japanese name).

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