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Bitcoins are a digital currency created in 2001 by Satoshi Nakamoto. It is based on open source software and P2P networks with no central authority or issuers. The coins are saved on your computer in a wallet file or in a third party wallet. They can be exchanged between anyone with a Bitcoins address. The database of transactions is spread across a peer to peer network. They also use digital signatures to ensure they are only spent once and by the person who owns them.

12/18: The Heartland Poker Tour’s newest commentator, Pro Player Maria Ho is our guest in the first half of the show. In the second half Bernard will be answering the many questions submitted by listeners of his show. [Visit Website] [Download MP3].

Jered Kenna: We relaunched before the price increase, we hoped to be the first there and ride the wave. There has been a lot more interest from institutional investors, the VC community is really picking it up now so a lot of tech investors are getting into Bitcoin Paper Wallet and putting money directly into Bitcoin. That’s also fueling the price increase. Some investors are looking at it seriously.

EBay – You may not know but there are several people around you who are busy finding cheap and exceptional items from flea markets and garage sales, and sell them at decent profits on eBay. If you are interested in computer and related products, you could make living by reselling them on this site. This ways to make money online is also known as power-selling, and you need to be aware that it is also going to require a lot of time and effort. You can compare it to your office job, but here you would be working for you and making incremental profit with time as your reputation increasing on the eBay marketplace.

The amount of money you will make is worth the stress even if you have to open hundreds of liberty reserve accounts. To make things easier for those who reside outside Australia i also accept LR,I don’t accept Bitcoin Paper Wallet WebMoney,MoneyBookers or PayPal because you cannot use them to sell this kind of software.

12/4: Rob Wong and Chris Tessaro are joined by World Poker Tour tournament director Matt Savage to recap the WPT Montreal. Greg Raymer, poker pro, also joins The Poker Show to talk about his recent hot run on the Heartland Poker Tour. [Visit Website] [Download MP3].

NP: What about your experience as an entrepreneur? It’s been a crazy roller coaster for you, having to shut down and then being able to relaunch. Any advice?

These projections would seem to indicate that the current policies of the Fed are not helping the economy to recover, and are merely sustaining it artificially. The Keynesian school of economics explains this through the concept of a liquidity trap, while the Austrian school of economics explains this through the concept of malinvestment.