Re: Bitcoin
[Re: cotton]
#7031716
10/29/20 05:54 PM
10/29/20 05:54 PM
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Joined: Dec 2006
Posts: 17,660 Rodney,Ohio
SNIPERBBB
OP
trapper
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OP
trapper
Joined: Dec 2006
Posts: 17,660
Rodney,Ohio
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School a low tec redneck, just what is bitcoin. It's a cryptocurrency based on blockchain technology. Just pretend it's foreign currency.
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Re: Bitcoin
[Re: SNIPERBBB]
#7032059
10/29/20 10:53 PM
10/29/20 10:53 PM
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Joined: Jul 2016
Posts: 3,141 Michigan
Ditchdiver
trapper
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trapper
Joined: Jul 2016
Posts: 3,141
Michigan
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Bitcoin is something that people believe is a type of "electronic currency". You can invest a lot of money in it, then someone can hack into the system and steal all the actual money that you have invested. No thanks, not for me. I'll stick with cash.
When life gets me down..... you know hunting/trapping season is closed.
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Re: Bitcoin
[Re: Ditchdiver]
#7032259
10/30/20 07:10 AM
10/30/20 07:10 AM
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Joined: Dec 2006
Posts: 17,660 Rodney,Ohio
SNIPERBBB
OP
trapper
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OP
trapper
Joined: Dec 2006
Posts: 17,660
Rodney,Ohio
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Bitcoin is something that people believe is a type of "electronic currency". You can invest a lot of money in it, then someone can hack into the system and steal all the actual money that you have invested. No thanks, not for me. I'll stick with cash. So you dont have a bank account either?
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Re: Bitcoin
[Re: SNIPERBBB]
#7032289
10/30/20 07:43 AM
10/30/20 07:43 AM
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Joined: Dec 2006
Posts: 63,123 Minnesota
330-Trapper
trapper
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trapper
Joined: Dec 2006
Posts: 63,123
Minnesota
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Bitcoin is something that people believe is a type of "electronic currency". You can invest a lot of money in it, then someone can hack into the system and steal all the actual money that you have invested. No thanks, not for me. I'll stick with cash. So you dont have a bank account either? Whole different deal than Monopoly money
NRA and NTA Life Member www.BackroadsRevised@etsy.com
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Re: Bitcoin
[Re: SNIPERBBB]
#7032326
10/30/20 08:29 AM
10/30/20 08:29 AM
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Joined: Jan 2007
Posts: 419 Iowa
ou812
trapper
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trapper
Joined: Jan 2007
Posts: 419
Iowa
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[quote=SNIPERB🦝][quote=Ditchdiver]Bitcoin is something that people believe is a type of "electronic currency" Whole different deal than Monopoly money No, not really different than Monoply money. They're both games.
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Re: Bitcoin
[Re: SNIPERBBB]
#7032442
10/30/20 10:03 AM
10/30/20 10:03 AM
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Joined: Jul 2016
Posts: 3,141 Michigan
Ditchdiver
trapper
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trapper
Joined: Jul 2016
Posts: 3,141
Michigan
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Yes, I do have a bank account. I have five of them actually. My wife is the manager at our bank and she sees our accounts multiple times a day. If anything "unauthorized" came up or happened, she would see it instantly and we would be fully reimbursed for any funds lost.
When life gets me down..... you know hunting/trapping season is closed.
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Re: Bitcoin
[Re: SNIPERBBB]
#7032452
10/30/20 10:18 AM
10/30/20 10:18 AM
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Joined: May 2013
Posts: 5,109 Northern Michigan
J.Morse
trapper
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trapper
Joined: May 2013
Posts: 5,109
Northern Michigan
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So would someone school me on this stuff? Is it sorta like a commodity that people pay real U.S. dollars for, then just sit on it waiting for it to grow in value.......but you can sell/swap/trade/shuffle it around between other holders of said commodity, or actually use it as "money" to buy stuff from anyone that considers it "money"? Also, do you get it through a stock broker, or is it strictly it's own deal in it's own little cyber-world????????
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