thing to do, and using an SSD might actually result in a speedup of the synchronization. So don't worry if your bandwidth is not fully utilized, it just might be that the disk is the bottleneck (especially for later block 180'000 with lots of transactions in them). The time to verify the blocks. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Bitcoin is a distributed, worldwide, decentralized digital money. Depending on your setup the bandwidth may not be the main issue. 9.2k, online, a community dedicated to Bitcoin, the currency of the Internet. There are two factors to the time to catch up with the network: The sheer size of the blockchain. As Tom mentioned the blockchain is currently about 7GB in size, so no matter what it'll take some time to download.
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