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Other / Beginners & Help / Explaining bitcoin to friends
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on: July 02, 2011, 06:45:07 AM
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It's fucking useless.
Sure i don't understand the cryptography behind it, but i find the general workings very easy to grasp.
When people start asking "what gives it value" is when i fail to explain properly. Even still. All i get is.
"pyramid scheme", "scam", and someone even went as far as to say "what are they doing with all that hashing power, it could be treason" - that was from someone who is mining with duel 6950s. And that was even after i wrote out a really long paragraph of what all that hashing is for. Without the cryptography jargon because i don't know the technical aspects of it.
I may be bad at explaining things, but i quit. I will never try to explain bitcoin ever again. Sorry i've failed the community.
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Other / Obsolete (buying) / Re: WTB .1 bitcoin
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on: June 13, 2011, 05:56:04 AM
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Yes i know.
If i was going to scam someone i would go about it completely different, and it sure as hell wouldn't be for 2$ worth of BTC.
Well thanks anyways guys.
Hilarious how some of you will throw your life savings at bitcoins but won't lend/sell someone .1 btc. What about encouraging growth? What's this about economic stimulus for bitcoins? I guess those are just running jokes.
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