8 Vendors You Didn't Know Accepted Bitcoins

The Bitcoin — the first decentralized, peer-to-peer digital currency — was introduced on the web in 2009, but interest is bubbling up once again.

Building on the idea that money is essentially a medium for translating value, the Bitcoin uses cryptography (or encrypting digital information to transmit something securely) for its creation and transactions, rather than a central authority. To learn more about how Bitcoins are created and acquired, we've included a handy explainer video from WeUseCoins.com below.

Bitcoins, while often used for games and even tied to illicit activities every now and then, have been adopted by reputable vendors in addition to traditional forms of payment. Read more...