Bitcoin

xoxoxoBruce · 03-26-2019, 11:58 PM

I get the block chain protection that you own certain Bitcoins so they can't be (theoretically) stolen, and if you trade them for something you can't say you still have them and use them again.

I've also seen the price/cost/worth of one Bitcoin vary from a few dollars to thousands of dollars for whatever reasons.

The video says you can do a deal, one on one, with people around the world.
How do I discover this person I don't know in Timbuktu, and what they may have for sale?
How do I discover a company in China makes something I would want?

If a Bitcoin is worth $1,000 today, how do I buy something worth $200, or $1400?
If I buy something from that guy in Timbuktu, block chin proves I paid for it, but how do I prove I never received it?
If I tire of Bitcoin how do I get my money out?
So many questions, and that's just the tip of the iceberg.

03-26-2019, 11:58 PM	#11
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	I get the block chain protection that you own certain Bitcoins so they can't be (theoretically) stolen, and if you trade them for something you can't say you still have them and use them again. I've also seen the price/cost/worth of one Bitcoin vary from a few dollars to thousands of dollars for whatever reasons. The video says you can do a deal, one on one, with people around the world. How do I discover this person I don't know in Timbuktu, and what they may have for sale? How do I discover a company in China makes something I would want? If a Bitcoin is worth $1,000 today, how do I buy something worth $200, or $1400? If I buy something from that guy in Timbuktu, block chin proves I paid for it, but how do I prove I never received it? If I tire of Bitcoin how do I get my money out? So many questions, and that's just the tip of the iceberg. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

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