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Bitcoins

MyrmidonMyrmidon
edited 2011-08-09 19:22:20 in General
What are they, and why are people suddenly making jokes about them?

Comments

  • DYREDYRE
    http://en.wikipedia.org/wiki/Bitcoin
  • delta534delta534
    Tech support
    A piss poor attempt at making an independent, distributed, non government controlled, global currency.
  • glennmagusharveyglennmagusharvey
    edited 2011-08-09 20:10:34
    Creature - Florida Dragon Turtle Human
    ...this is an interesting thing.

    I would not have imagined anyone would try this.
  • snowbullsnowbull
    Cue-bey
    Because there is nothing backing them up and they are wildly unstable in price, making them kind of useless as an actual currency, and yet some people act as if they are the coin of the future.
  • Tnu1138Tnu1138
    I like the idea.
  • TuefelHundenIVTuefelHundenIV
    Patrol Time
    There are also issues of botnets, hackers, and computer problems plauging the stability of the currency.  Amusingly they are used in an online drug site to buy the drugs because the nature of the money makes it hard to track and they just convert it to real cash down the line through various means.
  • ShlapintoganShlapintogan
    Only somewhat here
    Also, the computers people use to mine for the currency have resulted in at least one injury.

    And they cost more in electricity and computer construction costs than they are actually worth.

    And you can delete your wallet file that has your bitcoins on it so that they're GONE FOREVER.
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