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Message
re: Bitcoin is a Ponzi scheme—the Internet’s favorite currency will collapse.
Posted on 4/12/13 at 7:49 pm to C
Posted on 4/12/13 at 7:49 pm to C
quote:
Is their a code tied to the wallet you posted that prevents access or can coins be freely transferred to and from that wallet by just knowing the wallet code you posted?
What he posted was the "public key"
Anyone can SEND bitcoins to that public key
There is a corresponding "private key" that allows only the person that knows the private key to send from that public key.
Get it?
3
Posted on 4/12/13 at 7:52 pm to WikiTiger
Yep thanks. So just like a bank account.
Posted on 4/12/13 at 7:54 pm to WikiTiger
quote:
Get it?
Yeah, it's as simple as translating Chinese algebra into Swahili trigonometry.
Posted on 4/12/13 at 8:22 pm to WikiTiger
Personally I think grown arse men fantasizing about drinking piña coladas on their own remote island after cracking the code of the next get rich scheme is much more funny. Much.
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