Infographic of the Day: Bitcoin - The Digital Currency Invented by Thomas Edison?

March 18th, 2014
in News, econ_news, syndication

American inventor Thomas Alva Edison was incredibly prolific, with his name on nearly 1,100 (1,093) patents.


Follow up:

Some of his inventions include the phonograph, motion picture camera, kinetographic camera, incandescent light bulb, universal stock ticker, electric power system, electric railway, electric locomotive, alkaline batteries, at least three types of telegraphs, a perforating pen, carbon telephone, and many more. Many of these changed our society as a whole, how we lived, how we were entertained.

There’s also a claim — in a certain video infomercial hosted on YouTube (by MoneyMorning.com) that Edison also invented a “renegade currency,” and the implication that it is essentially the same as the increasingly popular, disruptive digital currency system Bitcoin. Bitcoin has climbed in value from $13 per 1 BTC (one bitcoin) in Jan 2013 to over $1,000 in Jan 2014, with a brief high of $1,240 in early Dec 2013, just before it lost nearly half its value, then started climbing again, surpassing $1,000 in Jan 2014.

 

(click here for larger image)

 

Bitcoin
Source: TopComputerScienceDegrees.com

 

 









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