To: Right_Wing_Madman
When real money comes in, bit-coin gets issued. There is nothing backing bitcoin if the compter gets turned off, but somebody has made over a trilion dollars.
I don’t believe it’s real, although I do wish I had heard of it when it less than a penny a bitcoin. I would have bought in and sold out and retired.
8 posted on
02/25/2024 9:35:28 PM PST by
Jonty30
(I may not know as much about American history and law as I like, but I know more than most liberals.)
To: Jonty30
There is nothing backing bitcoin if the compter gets turned off
True, but about a million computers worldwide maintain the full bitcoin ledger. You would have to wipe out the memories of all million computers at once.
To: Jonty30
No. Turning a computer off does not make Bitcoin disappear. You’d have to turn off the entire internet. Everywhere.
11 posted on
02/26/2024 2:31:22 AM PST by
FLT-bird
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