34
What's something you genuinely just don't understand? (piefed.blahaj.zone)
submitted 1 year ago by to c/ask@piefed.social
38 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 6 points 1 year ago (1 child)

I consider myself tech aware, if not savvy. I do not understand Bitcoin, like at all. I'm pretty sure it's a scam, top to bottom.

  • permalink
  • fedilink
  • source
  • hideshow 1 child comment
    •
  • [–] 1 point 1 year ago

    It is a currency just like any other. It is created via virtual mining (the more work you do the higher chance you strike a vein). It's value is purely speculative. There are more bitcoin scams that legitimate uses.

  • permalink
  • fedilink
  • source
  • parent