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By which you mean: this bitcoin thingy is analogous to the gold rush in which the miners make no money. Is this an educated assessment or a quick bit of sarcas
by CoffeeDregs 16y ago
By which you mean: this bitcoin thingy is analogous to the gold rush in which the miners make no money. Is this an educated assessment or a quick bit of sarcasm? Happy either way, just trying to understand whether Bitcoins are worth paying attention to...
- cheez 16y agoBitcoins definitely have a huge draw for the underground. Of course, if governments persist in creating undergrounds...
- Pavitra 16y agoGold's a pretty good analogy. We're not quite to the point where it's impossible to make money mining, but you have to plan carefully to break even. The real usefulness, though, of bitcoins/gold isn't to make money mining, but rather as a secure medium of exchange. Bitcoins are a bullion currency that you can spend online.