Bitcoin

The group behind the initiative to legalize recreational marijuana in Oregon is now accepting bitcoin contributions.

Rae Ellen Bichell / KPLU

The world's first bitcoin ATM launched last year in Vancouver, Canada. Now there's also a physical place in the Northwest to buy and sell the virtual currency – at the Spitfire Grill in Belltown.

Here's a surprising fact: the largest bitcoin "mine" in North America is located on the outskirts of Wenatchee, Wash.

Flickr Photo/Antana (CC-BY-NC-ND)

Imagine using online banking – without the bank.

Bitcoin is a digital currency that was created five years ago. It runs entirely on the sways of the free market: no government or banking institution is backing it.

Flickr Photo/mSeattle (CC BY-NC-ND)

Universities are used to accepting donations from alumni. They count on it.

But when the University of Puget Sound in Tacoma recently received a donation from 2007 graduate Nicholas Cary, its staff had to do some homework.