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I do not understand the appeal of bit coins and crypto currencies at all
1 posted on 12/17/2017 11:55:42 AM PST by Sean_Anthony
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To: Sean_Anthony

I don’t understand the appeal of your blog, but you bait it here nonetheless.


2 posted on 12/17/2017 11:57:09 AM PST by Larry Lucido (Take Covfefe Ree Zig!)
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To: Sean_Anthony

I’ve had people encourage me to invest in them.

I don’t get them and would rather invest in property to build the dream house on.


3 posted on 12/17/2017 12:01:11 PM PST by metmom ( ...fixing our eyes on Jesus, the Author and Perfecter of our faith..)
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To: Sean_Anthony

You could educate yourself...


5 posted on 12/17/2017 12:11:54 PM PST by aMorePerfectUnion
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To: Sean_Anthony
I do not understand the appeal of bit coins and crypto currencies at all

There are many things in Bitcoin that will appeal in different ways. Here is one...

Currently when you make an online transaction, you have to provide all the credentials needed to draw money out of an account. All the intermediaries, and there are many involved, have to protect those credentials in order to keep your account based money safe. This is hard to do and costs a lot of money.

Bitcoin solves this problem. Each transaction is digitally signed and only serves to authorize that single transaction. The transaction data does not need to be protected in transit; in fact, all the data is transmitted and stored unencrypted in the Bitcoin system. Its basically like cash for the internet.

7 posted on 12/17/2017 12:23:55 PM PST by Database
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To: Sean_Anthony

A co-worker was telling me all about bitcoin just a little over a month ago.
He showed me the daily value that day - $8000.

I wanted to do some homework before just diving in.

Here we are a month later and it’s up at $18,000.

Whether it ends up being nonsense or not in the end, I wish I’d have gotten in that day.


9 posted on 12/17/2017 12:36:39 PM PST by joethedrummer
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To: Sean_Anthony

the idea of mining for bitcoins with puzzles lost me. https://www.bing.com/search?q=mine+bitcoin+with+puzzles&FORM=AWRE


10 posted on 12/17/2017 1:02:24 PM PST by SMGFan (Sarah Michelle Gellar is on twitter @SarahMGellar)
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To: Sean_Anthony
I do not understand the appeal of bit coins and crypto currencies at all

I do. It's going up like crazy, and if you have the discipline to buy and quickly sell and reap a modest gain, you can win.

You just don't want to be one of those left holding the bag if/when it comes tumbling down.

12 posted on 12/17/2017 1:26:54 PM PST by Cementjungle
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To: Sean_Anthony
There's a interesting special report on Bitcoin and Blockchain in Scientific American.

The Future of Money

13 posted on 12/17/2017 1:30:59 PM PST by mac_truck (aide toi et dieu t'aidera)
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To: Sean_Anthony
there are a finite number of BC, there are ~16.75 million BC mined out of the total of 21million in existence
20 posted on 12/17/2017 3:35:11 PM PST by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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