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re: Bitcoins were hacked yesterday?
Posted on 4/4/13 at 12:56 pm to Broke
Posted on 4/4/13 at 12:56 pm to Broke
quote:
Then why even frick with bitcoin if the end result is the USD? Am I missing something? Does bitcoin give free blowjobs or something?
Yeah, you're missing the part where you have to use whatever currency is accepted wherever you are. Think of bitcoin as the currency of a virtual nation. These ATMs will exchange currency for you. Why do we even frick with regular ATMs? Because sometimes you just can't use a card or check.
Posted on 4/4/13 at 1:22 pm to Korkstand
quote:Nah, it's more like a virtual gold. It's not currency but it can be exchanged to get currency when you need to buy something.
Think of bitcoin as the currency of a virtual nation.
The same people who have been preaching gold is the best answer for sticking it to the Federal Reserve and the 'gubmint' for years on this board are now preaching bitcoins.
Except gold actually exists......
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