then to store already watered down shit

takes less space

and euro fridges are like 1/2 mutt fridges

bitcoins been takin the piss lately

I don't understand bitcoin one bit, never looked into it

its so volatile

i def dont recommend using it as an investment like stocks

I don even know what's the value of it based on... Is it just the utility, or hope for future utility?

So basically speculation

well its just like any other currency, people believe its worth something so it is

sure

no

its value is its rarity

also it has a limited amount that can be mined. so eventually the supply will run out

bwhy do they believe in this one?

the same reason people believe in the dollar

but basically

the creator makes a bitcoin

if another guy comes along

th dollar has a state actor behind it

das power

and recognizes that creators bit coin

he gets a bit coin

so on and so forth

well bitcoins power is not having a state backing it

until millions

it cant be stopped

of people

recognizing bitcoin

as each person is added to the chain

so the utility is the value

the amount of bitcoin harvested goes down

Bitcoin has no power behind it except by those who own it

https://www.youtube.com/watch?v=xRDqYFpaTd4

the ability to, to some degree, hopefully, bypass regulatins

Outside of their little bubble, it's completely worthless

bitcoins power is simply that its a useful currency

Monero is pretty great too

and its taken sufficient hold in the world

that it is actually useful

for quick transactions