Bitcoin price has surpassed any of the world's cryptocurrency by reaching a high of $10,044 yesterday. Is this the future of money or is it artificially inflated by Ransomware. Some believe that ransomware is direct result of the bitcoin phenomenon. Hackers encrypt your computer and demand a ransom, but not any ransom, they want bitcoin. If you have never tried to create a bit coin account, I can tell you it is not an easy process and with the growing price of bitcoin at 50 Bitcoin ransom could cost you tens of thousands of dollars. Regardless of how cryptocurrency became so popular it is here to stay, as evident by the large proviolence of bitcoin enthusiast t-shirts you can find on Amazon and Etsy.
So I know what you are asking yourself, where do bitcoins come from? Bitcoin does not have a central government. With Bitcoin, you have to earn them by accepting bitcoin for ecommerce sites or you can become a miner and use special software to solve math problems. For each problem you help to solve you are issued a certain number of bitcoins. This provides an opportunity for anyone obtain this new currency and is a smart way to issue the currency.