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re: Finally Sold all my Bitcoins Today
Posted on 4/7/15 at 12:53 am to lsufan9193969700
Posted on 4/7/15 at 12:53 am to lsufan9193969700
In short, a currency that's accepted in a fair number of places.
Longer, simplified/basic version- guy decided to create a currency that could be used anonymously. For it to have value, it had to be slowly released to keep value. There is a machine that creates ridiculously difficult equations. You have your computer (or a group of them) solve it, and it awards you a bitcoin. The equations get harder and the rewards smaller, making them more difficult to come by. They're an intrinsically worthless string of numbers given value by supply and demand for their total anonymity and lack of regulation.
Longer, simplified/basic version- guy decided to create a currency that could be used anonymously. For it to have value, it had to be slowly released to keep value. There is a machine that creates ridiculously difficult equations. You have your computer (or a group of them) solve it, and it awards you a bitcoin. The equations get harder and the rewards smaller, making them more difficult to come by. They're an intrinsically worthless string of numbers given value by supply and demand for their total anonymity and lack of regulation.
Posted on 4/7/15 at 12:55 am to Hopeful Doc
So I solve a mathematical riddle...I make imaginary money?
Posted on 4/7/15 at 7:25 am to Hopeful Doc
quote:
There is a machine that creates ridiculously difficult equations. You have your computer (or a group of them) solve it, and it awards you a bitcoin.
Where's Matt Damon when you need him? Sucking off his buddy Ben.
Posted on 4/7/15 at 8:50 am to Hopeful Doc
quote:
guy decided to create a curre
Sooooo, cash?
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