Bitcoin circulated for 18 months with zero value. Meanwhile there wasn't any other coin in development. But once Bitcoin started getting valuable the copycats came. Litecoin and namecoin didn't come until 2011 when Bitcoin had aleady achieved dollar parity. Every other coin is a scam.
Bitcoin circulated for 18 months with zero value. Meanwhile there wasn't any other coin in development. But once Bitcoin started getting valuable the copycats came. Litecoin and namecoin didn't come until 2011 when Bitcoin had aleady achieved dollar parity. Every other coin is a scam.
Bitcoin started getting valuable
Weasel words for "getting enough suckers to buy into the sham". :-)
>Bitcoin started getting valuable
Weasel words for "getting enough suckers to buy into the sham". :-)
The nature of all currencies not backed by central governments with precious metals and other real valuables. The dollar is a sham; the yuan is a sham. Work is real. I do work for you, for some coin, and someone else does work for me, for the coin. Mutually valuing the same thing, temporarily, is all that's needed.
The nature of all currencies not backed by central governments with precious metals and other real valuables. The dollar is a sham; the yuan is a sham. Work is real. I do work for you, for some coin, and someone else does work for me, for the coin. Mutually valuing the same thing, temporarily, is all that's needed.
Enjoy staying poor.
Enjoy staying poor.
Post wallet
Post wallet
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