The digital currency doesn’t glitter but it’s like gold…

Bitcoin eh? Is this one of those virtual currencies, like World of Warcraft Gold?

Close but no cigar. Bitcoin is a so-called cryptocurrency – it’s digital, like World of Warcraft Gold. However, unlike Warcraft Gold, it’s not tied to any particular product or service.

And, like a traditional currency, Bitcoin can be used to buy, sell and make payments online and even in bricks-and-mortar shops.