Title: Now acceting bitcoins - anonymous and distributed p2p crypto-money Tags: english, bitcoin, personvern Publish: 2010-12-10 Date: 2010-12-10 09:00

With this weeks lawless governmental attacks on Wikileak, it has become obvious that paypal, visa and mastercard can not be trusted to handle money transactions. A blog post from Simon Phipps on bitcoin reminded me about the project that a friend of mine mentioned earlier. I decided to follow Simons example, and get involved with bitcoins. I got some help from my friend to get it all running, and he even handed me some bitcoins to get started. I even donated a few bitcoins to Simon for helping me to remember bitcoins.

So, what is bitcoins, you probably wonder. It is a digital crypto-currency, decentralised and handled using peer-to-peer networks. It allow anonymous transactions and prohibit central control over the transactions, making it impossible for governments and compaines alike to block donations and other transactions.

Bitcoins can be converted to other currencies, like USD and EUR. There are companies accepting bitcoins when selling services and goods, and there is even currency "stock" markets where the exchange rate is decided. There are not many users so far, but the concept seem promising. If you want to get started and lack a friend without any bitcoins to spare, you can even get some for free (0.05 bitcoin at the time of writing).

As an example, I've set up bitcoin and will be accepting donations to the address 15oWEoG9dUPovwmUL9KWAnYRtNJEkP1u1b. If you want to support me, send me some bitcoins. :)