The Science of Life

I have been reading articles lately about how Bitcoin has little in the way of buying power outside of the internet.  There's are plenty of good reasons for this: legitimate businesses have little to no use for money which is not backed by any banking institution (which Bitcoin isn't), the value of a bitcoin is to unstable right now, the currency is too new, and bitcoin is a purely digital currency.  Sure, every well established money can be transferred digitally, but every American knows what a $1 bill in real life looks like.  Nobody knows what a bitcoin in real life looks like, because they don't exist in real life outside of computer algorithms. So what are Bitcoins and what are they good for?  First, we we have to know about digital currencies and crypto currencies.  They are related, but they are not exactly the same.   A digital currency is merely a currency which is found exclusively digitally .  The current form of credit,...