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To: Errant

So only those good at math can become bitcoin rich?

How do those of us number challenged obtain them? What REALLY prevents creation of any bitcoin by anyone? How do I take payment in bitcoin then pay my bank loan with them?

I am confused...so many say how its a new not quite currency but I do not understand how it has any value.


8 posted on 12/29/2013 7:02:03 AM PST by Adder (No, Mr. Franklin, we could NOT keep it.)
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To: Adder

Here’s a good read. http://www.coindesk.com/information/what-is-bitcoin/


9 posted on 12/29/2013 7:04:24 AM PST by Track9 (hey Kalid.. kalid.. bang you're dead)
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To: Adder
It takes awhile to get your head wrapped around it. Try this link for some of the basics.

http://www.coindesk.com/information/

You don't have to be a math whiz. You can of course buy them, hoping they go up in price, "mine" them, or trade the price swings at online trading markets just like you would stocks or commodities.

12 posted on 12/29/2013 7:17:50 AM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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