This is something else. Has anyone on Nairaland tried this P2P digital currency? It sounds very interesting. More info below:
"Because it's decentralised and runs off a mathematical algorithm it means it can't be corrupted."
On Sky News: http://uk.finance.yahoo.com/news/cyber-currency-surge-amid-eurozone-060412900.html

From their website:
An open source P2P digital currency
Bitcoin is a digital currency, a protocol, and a software that enables
Instant peer to peer transactions
Worldwide payments
Low or zero processing fees
And much more!
Bitcoin uses peer to peer technology to operate with no central authority; managing transactions and issuing Bitcoins are carried out collectively by the network. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment systems.
http://bitcoin.org/en/

sounds cool and safe.
why has it not been popular?

lordZOUGA: why has it not been popular?

Maybe it started just like facebook, but now it is on SKY News lets see what will happen.

csharpjava:

Maybe it started just like facebook, but now it is on SKY News lets see what will happen.

I hope it gets popular.
their wiki said the technology was created in 1998 though.

lordZOUGA:
I hope it gets popular.
their wiki said the technology was created in 1998 though.

A Norwegian man who bought £15 worth of bitcoins and then forgot about them for four years has been able to buy a flat in Oslo thanks to the huge appreciation of the virtual currency.

Kristoffer Koch was doing research on encryption in 2009 when on a whim he decided to invest a small sum in the recently-created bitcoins.

Mr Koch, now 29 and working as an engineer, only remembered the investment in April this year when he read an article about the soaring value of bitcoins.

His 5,000 bitcoins were suddenly worth around £430,000.

After spending a full day trying to remember his password, Mr Koch cashed in £116,000 by selling a fifth of his newly-acquired fortune.

http://news.sky.com/story/1161340/bitcoin-man-buys-flat-with-forgotten-fortune