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Title: Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin Post by: LiteCoinGuy on August 03, 2015, 06:29:04 PM Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin
How Does Bitcoin Work? Unlike normal currencies, Bitcoin doesn’t have a central bank or the backing of a government. Instead, it is regulated by complex algorithms, with new coins being ‘mined’ when computers solve complex equations. All of this number crunching is tracked by the “blockchain”, a public ledger of all transactions which is distributed, meaning there is no central point in the network that can be shut down. It is perhaps analogous to file-sharing protocol BitTorrent. http://www.lifehacker.co.uk/2015/08/03/ultimate-bitcoin-guide-how-to-setup-a-wallet-buy-and-use-bitcoin-in-the-uk Title: Re: Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin Post by: GriffinHeart on August 04, 2015, 08:48:07 PM I bet that reference to BitTorrent got you on some NSA list...
Nice little link fir the newfegs too. 8) Title: Re: Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin Post by: tearfereon on August 04, 2015, 10:38:51 PM I bet that reference to BitTorrent got you on some NSA list... WTF Dude? How did you associate Bitcoin and Bittorent? Also NSA? Nice little link fir the newfegs too. 8) You're in wrong direction. Title: Re: Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin Post by: upsidedown75 on August 05, 2015, 09:05:16 AM BitTorrent is not illegal at all as far as so do not share any illegal stuff. Bitcoin software is open source, so i do not get how you come across with the NSA ???
I bet that reference to BitTorrent got you on some NSA list... Nice little link fir the newfegs too. 8) Title: Re: Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin Post by: GriffinHeart on August 05, 2015, 07:58:22 PM The NSA put you on a suspect terrorist if you pay cash at an internet cafe... If you go hiking once a week, drive a car older than 30 years... I could go on about listening to phone calls... Bah!
Title: Re: Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin Post by: coinableS on August 05, 2015, 08:04:17 PM Good link for newbies there litecoinguy. There area lot of new words and concepts to learn for most people when starting with bitcoin.
Title: Re: Ultimate Bitcoin Guide: How to Setup a Wallet, Buy, and Use Bitcoin Post by: LiteCoinGuy on August 06, 2015, 05:30:40 PM Good link for newbies there litecoinguy. There area lot of new words and concepts to learn for most people when starting with bitcoin. it will get easier over time - it is already easier than 2 years ago :) |