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To: FatherofFive

No they are not being grown, they are being found via math. All the bitcoins that can ever exist already do, a lot like gold. Which is why they metaphor the calculations as mining, you’re digging through the 1s and 0s to find another.

ALL money is completely made up, has no intrinsic value and is backed by nothing. That’s what money is.


52 posted on 05/23/2017 10:54:08 AM PDT by discostu (You are what you is, and that's all it is, you ain't what you're not, so see what you got.)
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To: discostu
All the bitcoins that can ever exist already do,

Who sets the number of bitcoins? God set the amount of gold.

Bitcoin is made up, and whoever made it up can make up more.

53 posted on 05/23/2017 10:59:48 AM PDT by FatherofFive (Islam is EVIL and needs to be eradicated)
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