Bitcoin Forum
October 18, 2017, 01:19:55 PM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Did Bitcoin started from zero?  (Read 884 times)
beckspace
Sr. Member
****
Offline Offline

Activity: 407


"Proof-of-Asset Protocol"


View Profile
June 11, 2011, 03:55:33 AM
 #1

No.

People are afraid of something that was created of thin air, 0's and 1's. But this is a misconception.

The sequence of 0's and 1's has a history behind it. A few brights minds of our specimen created an elegant algorithm.

Those folks had courage, dedication and independence to create this program.

A very good money was created. Portable (you can always carry your wallet with you). Divisible (8 decimals). Durable (forever). And rare.

Online poker gamers, drug dealers, hipsters, investors, startups. Like it or not, those are some new overlords. Uuuuu-hay!

Bitcoins will not save the world... too fast. This will take time. The deflationary effect will ultimately create a healthy system of essential and valuable goods. Like spacetrips.

For me Bitcoins are more real and tangible that the money that I have in my bank. For the first time I feel that I own something of value that (if I'm precautious) cannot be stolen from me.

Bitcoin is the first of it's kind. A new kind of currency.


|
 
 
50
|
 




                       ▄
           ▄▄▄▄▄▄███████
▄▄▄▄█████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████

█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
█████████  █████████████
▀▀▀▀█████  █████████████
           ▀▀▀▀▀▀███████
                       ▀
|
 
 
$1,5 M
|



        ▄▄▄█████████▄▄▄
      ▄█████▀▀███▀▀█████▄
    ▄███▀     ███     ▀███▄
   ████       ███       ████
  ███▀                   ▀███
 ███▀                     ▀███
▄██▀       █████████       ▀██▄
███                         ███
███        █████████        ███
███                         ███
▀██▄       █████████       ▄██▀
 ███▄                     ▄███
  ███▄                   ▄███
   ████       ███       ████
    ▀███▄     ███     ▄███▀
      ▀█████▄▄███▄▄█████▀
        ▀▀▀█████████▀▀▀
|
 
|
 
<>
<>
<>
<>
 
GITHUB
TWITTER
YOUTUBE
FACEBOOK
1508332795
Hero Member
*
Offline Offline

Posts: 1508332795

View Profile Personal Message (Offline)

Ignore
1508332795
Reply with quote  #2

1508332795
Report to moderator
1508332795
Hero Member
*
Offline Offline

Posts: 1508332795

View Profile Personal Message (Offline)

Ignore
1508332795
Reply with quote  #2

1508332795
Report to moderator
Some PGP public keys you should import: theymos, BadBear, Sirius, Stefan, Wladimir, Gavin, Gregory, Jeff, Pieter
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508332795
Hero Member
*
Offline Offline

Posts: 1508332795

View Profile Personal Message (Offline)

Ignore
1508332795
Reply with quote  #2

1508332795
Report to moderator
Anth0n
Full Member
***
Offline Offline

Activity: 144


View Profile
June 11, 2011, 03:59:09 AM
 #2

Just to make an interesting point: if Bitcoins did not have some initial value, no one would have spent the resources to mine them. So everyone who says Bitcoins are worthless are clearly wrong.
FreeMoney
Legendary
*
Offline Offline

Activity: 1246


Strength in numbers


View Profile WWW
June 11, 2011, 05:16:05 AM
 #3

Just to make an interesting point: if Bitcoins did not have some initial value, no one would have spent the resources to mine them. So everyone who says Bitcoins are worthless are clearly wrong.

Maybe bitcoins are worthless to them, but I'll gladly give you a $10 bill for one. They have value to me.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!