Lebanon man hailed hero for holding Beirut financial institution hostage over financial savings : Bitcoin

Bitcoin is the foreign money of the Web: a distributed, worldwide, decentralized digital cash. In contrast to conventional currencies reminiscent of {dollars}, bitcoins are issued and managed with none central authority in any way: there isn’t any authorities, firm, or financial institution accountable for Bitcoin. As such, it’s extra proof against wild inflation and corrupt banks. With Bitcoin, you will be your personal financial institution.