[grania]

People have tried to educate me, but I just can't get my arms around the concept. Nobody can explain what is the "ore" that's being mined for bitcoins.

You mention carbon credits. In my mind, it seems a bit more like Enron.

[pingman]

Think of BC as a commodity backed currency: time and computational power.

[PeterPrinciple]

People have tried to educate me, but I just can’t get my arms around the concept.

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NEVER invest in something you don’t understand.