Wow, this costs a LOT of money

posted by Valdus on Bitcoin

I guess i should have payed attention to my weird student so long ago.

11 comments

[–] CDanger 1 points (+1|-0)

Does it cost a lot of money, or is money losing its value and becoming increasingly worthless?

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[–] ScorpioGlitch 0 points (+0|-0)

It's maintaining value. It's fiat currency that's crashing.

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Posted by Valdus
Score: 7 (+8|-1)

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks.

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Wow, this costs a LOT of money

11 comments

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