Message from @Buddy Hobbs

Discord ID: 294283520703201280


2017-03-23 01:34:51 UTC  

anonymously

2017-03-23 01:34:55 UTC  

or something

2017-03-23 01:34:59 UTC  

I got into BTC when it was at 1.70 per

2017-03-23 01:35:12 UTC  

Block chain is essentially a ledger

2017-03-23 01:35:16 UTC  

damn. you the one who paid a shit ton of BTC for pizza delivery? lol

2017-03-23 01:35:30 UTC  

Haha ha no but o know the article you're referencing

2017-03-23 01:35:43 UTC  

a ledger?

2017-03-23 01:35:43 UTC  

I still own a bjnch of physical bit coins

2017-03-23 01:35:51 UTC  

Yeah like a transaction ledger

2017-03-23 01:36:00 UTC  
2017-03-23 01:36:10 UTC  

essentially a set of transactions showing transfer of BTC from one wallet address to another.

2017-03-23 01:36:16 UTC  

Exactly

2017-03-23 01:36:43 UTC  

so it's pretty much useless unless you have bitcoin

2017-03-23 01:36:48 UTC  

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

2017-03-23 01:37:02 UTC  

wait is it illegal?

2017-03-23 01:37:08 UTC  

also blockgeeks.com/guides has some good articles that explain stuff.

2017-03-23 01:37:15 UTC  

completely legal

2017-03-23 01:37:18 UTC  

Well blockchain tech has a TON of potential and other uses

2017-03-23 01:37:24 UTC  

as in.

2017-03-23 01:37:24 UTC  

?

2017-03-23 01:37:38 UTC  

am i automatically on the call in show waiting list or how do i?

2017-03-23 01:37:46 UTC  

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

2017-03-23 01:37:51 UTC  

voting, banking, any sort of contract

2017-03-23 01:38:24 UTC  

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

2017-03-23 01:38:35 UTC  

As it's a threat to the federal reserve

2017-03-23 01:38:40 UTC  

Since it's not a fair currency

2017-03-23 01:38:45 UTC  

Fiat*

2017-03-23 01:38:48 UTC  

flat?

2017-03-23 01:38:53 UTC  

fiat

2017-03-23 01:38:55 UTC  

Autocorrect

2017-03-23 01:38:57 UTC  

like the car

2017-03-23 01:38:57 UTC  

Haha

2017-03-23 01:39:04 UTC  

I have no idea what fiat is

2017-03-23 01:39:09 UTC  

i mean I know the car

2017-03-23 01:39:11 UTC  

Basically means worthless

2017-03-23 01:39:12 UTC  

it means it's backed by government

2017-03-23 01:39:13 UTC  

Lel

2017-03-23 01:39:21 UTC  

the government says it has worth, so it does

2017-03-23 01:39:21 UTC  

Like how the govt prints endless notes

2017-03-23 01:39:29 UTC  

right

2017-03-23 01:39:30 UTC  

Not banked by gold or any intrinsic value