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Are they magic beans or just beans? A bitcoin address gives you a unique global address decentralizated that funds can be sent to. There is utility to that fu
by wolco2 6y ago
Are they magic beans or just beans?
A bitcoin address gives you a unique global address decentralizated that funds can be sent to. There is utility to that function.
Using your description the internet is a magic place faeries built that provides no usefulness because it's virtual.
- arcticbull 6y agoNo, Bitcoin provides no value because it's bad at everything it tries to be. It's a bad store of value (-86% swings 3x in the last few years), it's a bad currency (7tx/sec) and it's bad for the environment (as much power consumption as Chile). The internet provides utility. Bitcoin provides speculation and crime.
- brokenkebab 6y agoHe maybe bad at what you believe it tries to be, and still be useful. And hence its price. >Bitcoin provides speculation and crime. Everything valuable can become a tool, or a reason for criminal activity.
- alwillis 6y agoIt's a bad store of value (-86% swings 3x in the last few years), it's a bad currency (7tx/sec) Bitcoin is the best performing asset of the past years compared to stocks, gold, commodities, etc.