Bitcoin: The Digital Currency Invented by Thomas Edison? [Infographic]

A single dollar invested in Bitcoin just a few years ago just became worth $44,700 now. Bitcoin, or what the US Department of Justice calls a “renegade currency,” is controversial and it’s not for everyone. But the technology behind it is extraordinary.

The guys at Top Computer Science Degrees have created this interesting infographic on the history of Bitcoin. American inventor Thomas Edison was incredibly prolific, with his name on nearly 1,100 (1,093) patents. Some of his inventions include the phonograph, motion picture camera, kinetographic camera, incandescent light bulb 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 website that Mr. 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.

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