Bitcoin Explained

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elavmunretea said:
Video has donation links in description.

https://www.blackhatworld.com/seo/new-rule-source-has-link-to-donations-page.1004264/#post-10760617

Please close, @BassTrackerBoats
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Butthurt level:

itsover1000.jpg
 
Oh, buzz off. I'll send you on vacation for you to get some steam off and when you come back you can start pissing on me instead and see how that goes.
 
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elavmunretea said:
Don’t be mean to BTB. I’m sure he was unbiased in his decision.
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No idea what you are talking about, it's just crystal clear you are butthurt like Asa Akira for some season to moderators
 
Nice share. Good performers there. Are these professional actors ?
 
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So the ban came this quick :D
 
I think this video gonna tell you the history of gold and related to Bitcoin.
Nice Video. Thanks for sharing
 
jazzc said:
I laughed so much, had to make a post:

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Except for the fact that gold is something physical, and these coins have basically nothing to back on.. not even a big company or something which has good reputation lol.. sorry if i sound dumb :p
 
Gogol said:
Except for the fact that gold is something physical
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And? :) You think gold is worth $43k per Kilogram because it's something you can hold in your hand? The only reason it has that price is because people want it.
 
Gogol said:
Except for the fact that gold is something physical, and these coins have basically nothing to back on.. not even a big company or something which has good reputation lol.. sorry if i sound dumb :p
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Nothing to back them? You seriously underestimate the power of internet morons. One internet moron on it's own is just a source of amusment. However combine them all via power of the interwebs and you have one huge money making machine. This is what backs imaginary money.

Take a look at all the fools on Facebook, they start scowling at advertisements related to gambling. However they don't mind purchasing that worthless imaginary money for poker chips and bandit tokens.
 
jazzc said:
And? :) You think gold is worth $43k per Kilogram because it's something you can hold in your hand? The only reason it has that price is because people want it.
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Yepp agreed. People love it because it looks cool, it's easy to turn into jwelerryj, it's relatively rare, the cost of the manufacturing gold adds up to the price and it can be easily traded.

Whereas the crypto isn't that easy to even understand.. i mean, we have many people claiming to be crypto geniuses over here but i doubt how many actually understand how the block chain works.. let alone non computer savy people..

What i im trying to point out is the fact that the crypto can never become as mainstream as precious metals, atleast with the current technology..
 
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