RE: Jeffrey Tucker: Bitcoin Is Creating A New Civilization of Billionaires!

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Jeffrey Tucker: Bitcoin Is Creating A New Civilization of Billionaires!

in bitcoin •  7 years ago 

I can't grasp the value of bitcoins. People say they're getting rich from it, but who is paying people bitcoins for their labor? Nobody seems to be able to give a straight answer to that. They seem to generate it based on computer power. I don't really like the idea of wasting energy for the soul purpose of making money. I tried mining for bitcoins a few times and it was the biggest waste or computer power and time.

BTW here is my bitcoin address. Hopefully the wallet that generated this address and private key don't suddenly disappear on me like last time. That's another reason I don't trust bitcoins. When stuff goes wrong it's just "Whoops. Oh well, these things happen." Luckily I had no "money" on that address.

1PPzfK7tNhGa9bzXFQZ8prVy8nmpFmTdhb

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