Bitcoin | Texas Public Radio

Bitcoin

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Will an ambitious $12 billion project called the Texas Spine protect the Gulf Coast from future hurricane storm surges and who will pay for it? We'll hear from Len Waterworth, a retired coloniel in the Army Corp of Engineers, and Brandt Mannchen, with the Sierra Club.  Then, Texas turtle meat is now off the menu in Asia now that the shell-shocked reptile is protected (17:41). And can Bitcoin make it rain money again in Rockdale? (22:41).


When 50 Cent agreed to accept bitcoin for purchases of his 2014 album, Animal Ambition, a unit of the cryptocurrency was already worth hundreds of dollars — but the value of those sales has since skyrocketed and the rapper's bitcoin holding is now reportedly worth more than $7.5 million.

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From Square and Venmo to Apple Pay and mobile apps custom-made by banks, there are numerous ways to exchange money or manage finances online and on-the-go. 

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Bitcoin, the digital currency, is still a little mysterious to most people. The peer-to-peer payment network can be earned by "mining," or maintaining critical infrastructure for the network, as well as through goods, services and traditional currencies. A federal judge in Texas recently ruled bitcoins are money.