RE: Why Mine BITCOIN?

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Why Mine BITCOIN?

in bitcoin •  7 years ago 

Gold actually has properties - you can use gold for all sorts of things. People value gold for the metal. Nobody values bitcoin for the bitcoin; they value it because they believe that they can exchange it for something else.

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Bitcoin is a CURRENCY. You can spend it at the speed of electricity in thousands of places all around the world. It's even better store of wealth than gold since it increases in value like crazy. Doh.