Want to Know How Bitcoin Works?

The bitcoin logo (Photo credit: Wikipedia)

Unless you've been living under a rock, a cave or not on the internet, you've probably heard of Bitcoin.

Our friends over at the KHAN Academy have done this nice and thorough Bitcoin 101 on how the Bitcoin ecosystem works.

The KHAN Academy is well known for it's free tutorials on programming and math, so it's great to see such tutorials on Internet phenom like this. They have a pretty extensive "101" section on the financial industry as well -- not just bitcoin.

Enjoy the article (it's done in movie form) and I would especially recommend one read the comment section. Further questions are answered there.

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