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Author Topic: Best analogy yet about how crypto works  (Read 1944 times)
mymenace (OP)
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September 03, 2014, 08:31:17 PM
 #1


If ever you were to explain in layman terms what crypto is, this gem is great


Quote
"
https://cryptocrypt.org/index.php?topic=5131.0

Bitcoin is an unregulated digital currency that provides a way for people to track, store and send payments over the Internet. Uncontrolled by any central bank or government, the global supply of bitcoin is generated — or "mined" — by a network of private computers around the world. People purchase bitcoin and manage their accounts in privately run online exchanges.
"

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