PDA

View Full Version : Bitcoin , whats the point?



Pieoftheday
27-01-2018, 16:49
I dont know?

Macca
27-01-2018, 21:47
A reading from the Book of Abba:

Money, money, money
Sounds so funny
In a rich man's world

In simple term it is one of those scams that you wish you had been in on but it's too late now.

Marco
27-01-2018, 22:11
Which bit of the coin do you get?

Marco.

walpurgis
27-01-2018, 23:39
Do they fit slot machines?

Macca
27-01-2018, 23:41
The bit that's worth a shedload. At least at the present time.

sq225917
28-01-2018, 00:35
The point is to take your fungible assets and make them someone else's before you know you've been robbed.

Len Co
29-01-2018, 21:22
Just when I was getting the hang of decimalisation!!

Gazjam
29-01-2018, 21:39
Fungable...new favourite word

walpurgis
29-01-2018, 21:44
Fungable...new favourite word

Thought it was 'fungible'?

Macca
29-01-2018, 22:01
Thought it was 'fungible'?

Spelling is different in Scotch-land man.

Minstrel SE
30-01-2018, 21:26
Ive got no real idea who it benefits now as Im not interested. Dont you need a wheelbarrow of lolly just to buy one electronic coin now?

I dont know whether its sticking it to the man of just a core group making dough from a crazy speculation fad. I dont need it in my life and just feel it eventually gets sucked into the twisted speculation that affects normal money markets. It has worried the banks into looking at blockchain technology

I read this and its still barely of interest. https://www.lrb.co.uk/v38/n08/john-lanchester/when-bitcoin-grows-up

Is it for buying dodgy stuff using an untraceable method?....I dont really know. I tend to learn about things when I have an interest in using them