Message from @Buddy Hobbs
Discord ID: 294283520703201280
anonymously
or something
I got into BTC when it was at 1.70 per
Block chain is essentially a ledger
damn. you the one who paid a shit ton of BTC for pizza delivery? lol
Haha ha no but o know the article you're referencing
a ledger?
I still own a bjnch of physical bit coins
Yeah like a transaction ledger
essentially a set of transactions showing transfer of BTC from one wallet address to another.
Exactly
so it's pretty much useless unless you have bitcoin
So while in essence it's anonymous and a lot of people like to think of it as bulletproof it's not 100% unless you take a LOT of precautions
wait is it illegal?
also blockgeeks.com/guides has some good articles that explain stuff.
completely legal
Well blockchain tech has a TON of potential and other uses
as in.
?
It's legal but it's got a bad rap due to the fact it's highly associated with online drug markets on the dark net
voting, banking, any sort of contract
And the federal government is against it in a lot of ways and give exchanges a hard time getting financial licenses to trade in btc
As it's a threat to the federal reserve
Since it's not a fair currency
Fiat*
flat?
fiat
Autocorrect
like the car
Haha
I have no idea what fiat is
i mean I know the car
Basically means worthless
it means it's backed by government
Lel
the government says it has worth, so it does
Like how the govt prints endless notes
right
Not banked by gold or any intrinsic value