I was officially inducted into 'Bitcoin Land' yesterday, and I'm not sure where the exit is. That's OK though, I might have to hang out in this mysterious vortex for awhile. The folks are a friendly bunch. Heck, one guy set me up with a virtual wallet and gifted me seven bucks worth of the digital goodness. "Welcome to Bitcoin Land," he said.
For those unfamiliar with Bitcoin, a digital currency that some businesses are starting to accept in lieu of U.S. dollars, check out our story from last week which explains the phenomenon.
This past weekend, in the Magic City, 1,200 bitcoin enthusiasts and skeptics flocked to the Miami Beach Convention Center for the two-day North American Bitcoin Conference. The event organizers anticipated only 500. The attendees came in from Europe, Asia, Latin America and the United States.