Comment: The programmer

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In reply to comment: BitCoins (see in situ)

The programmer

you spoke with is either woefully misinformed or intentionally deceiving you.

First, Bitcoin is open source. You don't need to purchase anything to trade or mine them. The only thing your programmer is close on is that all Bitcoins are created by being "mined" which requires a certain amount of processing power. However, the amount of processing power required to mine new Bitcoins (referred to as the "difficulty level") is built in to automatically adjust so the rate of creation is relatively stable. Illustration:

And there will only ever be 21 million Bitcoins total. I highly advise you rethink your decision about investing in Bitcoins.

One last correction... Gold can be hacked into existence using science. It takes a nuclear reaction, though.