Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: central_va
You cant create gold out of thin air. Dollars have a political body controlling the supply ( not doing a good job at but still ). Bit coin???

You can't create a Bitcoin out of thin air. It cost quite a bit in hardware investment and consumption of electricity to produce one.

31 posted on 05/20/2021 4:25:20 PM PDT by Database
[ Post Reply | Private Reply | To 22 | View Replies ]


To: Database

“You can’t create a Bitcoin out of thin air. “

That’s true, but you can create an entire new crypto currency out of nothing, which is the main complication these days.


35 posted on 05/20/2021 4:38:10 PM PDT by Renfrew
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson