bitcoin is not "paid for," it's mined, retard
No one will acquire Bitcoin for free. Everyone will have to pay for it.
One day it'll be worth 1 million dollars.
By then, how much will a dollar be worth though?
The average person will have something like 0.0000001 BTC. And Bitcoin will have to go to 2 million dollars in order to double your money with it.
That sounds hilariously inefficient to go with as a system of counting, they'd be better off treating the currency similar to the metric system once it goes that many decimal places.
It's worth more than gold, it's not going to socialize a society.
And yet it can be digitally mined:
If it catches on too much it'll wreck the environment too, apparently:
bitcoin is not "paid for," it's mined, retard
It's POW (proof of work.)
With the current mining difficulty it cost about 24 grand in electricity to mine 1 BTC. The miner then sells it.
It's paid for AND the miner has to sell some in order to keep mining it.
Regular money is already harder to count because of integers mixed with decimals, devalued currency, and fluctuating prices. When you have a certain number of Bitcoin it's easier to account for.
The current finance system is way worse for the environment. Bitcoin could be powered by nuclear energy. Low energy policies are a disaster from the reactionary liberals.
Regular money is already harder to count because of integers mixed with decimals, devalued currency, and fluctuating prices. When you have a certain number of Bitcoin it's easier to account for.
The current finance system is way worse for the environment. Bitcoin could be powered by nuclear energy. Low energy policies are a disaster from the reactionary liberals.
The largest mining facility is hydro powered so it's pretty green.
You should get into Ethereum instead. It used to be POW but now it's been changed to POS. It has smart contracts and you can make your own tokens on it. It's better.
geagle stfu i never said bitcoin itself is socialist
It's capitalist.
geagle stfu i never said bitcoin itself is socialist
It's capitalist.
It's neutral.
Regular money is already harder to count because of integers mixed with decimals, devalued currency, and fluctuating prices. When you have a certain number of Bitcoin it's easier to account for.
The current finance system is way worse for the environment. Bitcoin could be powered by nuclear energy. Low energy policies are a disaster from the reactionary liberals.
The largest mining facility is hydro powered so it's pretty green.
You should get into Ethereum instead. It used to be POW but now it's been changed to POS. It has smart contracts and you can make your own tokens on it. It's better.
I was thinking Solana and I was responding to Turncoat's generic liberal talking points.
Go to the app store. Get the Phantom wallet. It's for the Solana blockchain. It can work with a few others aswell.
Back up the private key.
Get an account with an onramp. Coinbase or some shit. Get this done before the next step.
If you lack the means to transfer money from a bank, and you probably do, go to a Bitcoin atm. Feed it cash, it'll give you a private key.
Add the key to a bitcoin wallet. Send the btc to your exchange. Trade it for Solana.
The bullrun is late but it's blowing up now. If you miss this opportunity, you'll have to wait 4 years to ride the next wave.
Jackass