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Explain Bitcoin Like I’m Five
freecode.org ^
| December 12, 2013
| by Nik Custodio
Posted on 03/30/2021 12:20:14 PM PDT by aMorePerfectUnion
click here to read article
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If you are trying to wrap your head around bitcoin, I suggest you read this article. It will take 5 minutes or less.
[excerpt - the article is a bit longer with more explanation]
...................

If YOU would like to be on a CRYPTO PING LIST, please pm me.
The Crypto Ping List covers the following:
Bitcoin
Ethereum
Other coins built on the Ethereum
blockchain mining etc.
Thanks! For it - or ag'in it, it'll be a wild ride.
To: ConservativeDude; aMorePerfectUnion; Vermont Lt; V K Lee; Pollard; Desparado; Tucker39; Database; ..
2
posted on
03/30/2021 12:20:41 PM PDT
by
aMorePerfectUnion
(I'd rather be anecdotally alive than scientifically dead...)
To: aMorePerfectUnion
First, please explain “Q.”
To: aMorePerfectUnion
Bitcoin is bad. Bad men use it to hurt America.
4
posted on
03/30/2021 12:22:32 PM PDT
by
BenLurkin
(The above is not a statement of fact. It is either opinion, or satire. Or both.)
To: gloryblaze
(Wrong thread... see Q thread on FR.)
5
posted on
03/30/2021 12:22:53 PM PDT
by
aMorePerfectUnion
(I'd rather be anecdotally alive than scientifically dead...)
To: aMorePerfectUnion
I can’t give you another apple because I don’t have any leftTell that to the short sellers on wall street. You want to know why they are resistant to blockchain technology in the stock market? Because of that.
6
posted on
03/30/2021 12:22:56 PM PDT
by
monkeyshine
(live and let live is dead)
To: BenLurkin
7
posted on
03/30/2021 12:23:09 PM PDT
by
lerker
To: aMorePerfectUnion
8
posted on
03/30/2021 12:24:03 PM PDT
by
GOP Poet
(Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
To: lerker
Last night my crypto portfolio broke it’s all time high.
9
posted on
03/30/2021 12:24:09 PM PDT
by
aMorePerfectUnion
(I'd rather be anecdotally alive than scientifically dead...)
To: gloryblaze
“ First, please explain “Q.”
Sure thing. Q is a fraud that’s developed into a cult.
One will be along shortly to attempt some pathetic level of mockery in response. Shouldn’t take long.
L
10
posted on
03/30/2021 12:26:08 PM PDT
by
Lurker
(Peaceful coexistence with the Left is not possible. Stop pretending that it is. , )
To: aMorePerfectUnion
11
posted on
03/30/2021 12:26:55 PM PDT
by
PROCON
(Our rights do not come from government, therefore they cannot take them away.)
To: aMorePerfectUnion
who says bitcoin has value?....isn’t this like the fed...printing paper money and saying “its valuable”....
12
posted on
03/30/2021 12:27:44 PM PDT
by
cherry
(we are the Remnant)
To: aMorePerfectUnion
I did read it, and it explained no more than I already knew, and I am still confused.
13
posted on
03/30/2021 12:27:53 PM PDT
by
Fungi
To: lerker
Me, too. Enough that I pulled out my original investment and now am just playing with the casino’s money.
To: aMorePerfectUnion
15
posted on
03/30/2021 12:30:53 PM PDT
by
Little Ray
(The Government is always its own largest and most important Special Interest. .)
To: aMorePerfectUnion
Bitcoin is a magical electronic form of money, then I would shut the Power off.
16
posted on
03/30/2021 12:31:37 PM PDT
by
eyeamok
(founded in cynicism, wrapped in sarcasm)
To: cherry
17
posted on
03/30/2021 12:31:39 PM PDT
by
aMorePerfectUnion
(I'd rather be anecdotally alive than scientifically dead...)
To: Retrofitted
Nice. I have pulled a little out, but I have enough saved elsewhere I might ride the remaining out to see what happens.
18
posted on
03/30/2021 12:31:49 PM PDT
by
lerker
To: Fungi
Guess you can continue in confusion or ask a question to try to clarify the areas you are confused by...
Your call.
19
posted on
03/30/2021 12:32:15 PM PDT
by
aMorePerfectUnion
(I'd rather be anecdotally alive than scientifically dead...)
To: Fungi
Same here. It’s still Greek to me!
20
posted on
03/30/2021 12:33:08 PM PDT
by
FES0844
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