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i did something different this year for christmas. i bought gifts for my family and tv producers without going to a store. i didn t give my credit card number to an on-line retailer. in fact i didn t even use dollars. this year i bought gifts with bit coins. what are they? here s an explanation from a wall street journal reporter. what is a bit coin? it is invisible virtual form of currency called gold for nerves. the only ping that gives them valley is people believing they have value. i believe. i bought bit coins. here s why. no central bank controls it so government can t print or mint more currency. bit coins are mine instead of shovels, miners these powerful computers to solve complex matt problems. when they succeed they inhair rate more bit coins. a computer algorithm limits the number. ....