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Crypto currency
#1
What do you guys think about Bitcoin? Why is it more valuable than official currency? How does it work and why do people believe in it?



#2
I think at this point most of its value is just in its cred and how it's basically a rare commodity at this point. It's already basically impossible to mine and it seems like much of the crypto community has moved to other more easily accessible currency for day to day use and only uses bitcoin for investment or as a common currency when needed.



[+] 1 user Likes longlakedisco's post
#3
?????????????



#4
Artificially inflated physically non existent currency. Nah. But remember the days when the bitcoins were as cheap as chips



#5
Always remember: it is a currency, not an investment. There is no underlying asset to give it value. Its value is based purely on speculation.



#6
look into what a block chain is to get more of an understanding



#7
Its bad that it uses so much energy to produce them.

And its also quite bad that their worth gets pushed up and down so much, just because some celebritys make Posts about it lol.