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

Blockchain.info

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.

?

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

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

instead of it being a commidty currency, which means it's backed by gold or silver.

oh, so likke you're skirting around the goverment and making exchanges with currency they can't tax you on is that it?