Day 3 Really......do I need to know all this?

in bitcoin •  7 years ago 

OK I can follow some of this but some of this is just too theoretical. The math and theory behind dual signatures....naaa. But I do understand some of the basis of mining, network consensus, hash totals, creation of the next block in the chain, the slow growth but ultimately limited supply, private keys, wallets, exchanges and much more. So Bitcoin is both a store of value (like gold) and a method of payment (like cash), just better. Let me think about this a bit more and do some more research. Bitcoin.org has some helpful stuff.....it is reliable?

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Trust us..it works..... also bitcoin is turing complete just like etheereum peopel just didntreallize it! wolrfram 1100 has been running on bitcoin network for years (only stopped cuz of the high fees recently)

so heres how it works, it works, period, dont worry about it

hahaha if u have dooubts as urself how would theeer be thousandds of peopel around teh world making a profit mining? and why would people buy bitcoin if it asnt legit? if its lasted this long it wiill last forever! no bubble its undervalued!

bitcoin should be at $1 million dolars to $1b billion dllars per bitcoin! its not BITCOINS fault that the US doollar is so worthless and that they print Trilliosn fo them and also make up quadrillions of digital fake dollars whichthey can easily convertto bitcoin and its just super sad!

but i woont feel bad for all the idiots who will loose EEVRTHING because of the dollar loosing value!

i honestly think teh dollar will be fine nwwo bevause the world knows we have crypto cyrrency as an alternative incase the dollar ever does crash

we wiill have a smooth transition! banks will all use ripple to store value, t will be so awesome blockchain will be everywhere biycoin will be $1 million dollars each and everyone who had ANY bitcoins will greatly be rewarded JUST like thsoe who bought bitcoin at $1 eac

It can get overwhelming at times. I started watching videos on youtube