Comments on The Logic Behind Bitcoin

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I guess this is one of the new ways of doing things that I just can't undeerstand. What if i wanted to take out the money I put into this . Would it come back to me or does it stay as crypto once you buy in? I recently sold all my shares in Australia....before they went down actually and gave the money to my Sons. They would get it eventually anyway and this I can watch them enjoy having the money. One bought a home for himself and wife and the other paid of a debt. I don't need much now and am buying into this house and own half of it. If something happens to Jim I will sell it and use my half for whatever i decide to do.

posted by Kabu on December 6, 2022 at 4:31 PM | link to this | reply

Good Afternoon

FSI, to me Bitcoin feels like something from Star Wars.  I've never really understood it and I used to see where you could mine Bitcoin but I don't see that anymore.  

posted by Goldiec on December 6, 2022 at 9:37 AM | link to this | reply

Good morning

The lack of government interference concerning personal money is a bonus. I really detest the IRS asking me yearly for my bank statements on interest bearing savings accounts. It's such an intrusion. This is why people stash money in lock boxes and under their mattress.

posted by Sherri_G on December 6, 2022 at 8:15 AM | link to this | reply

Of course the first buyers were  really lucky providing they took the profit. 

posted by C_C_T on December 6, 2022 at 7:35 AM | link to this | reply

I am definitely NOT a cryptocurrency person, mainly because no matter how much you explain it, I'm not sure I understand it.

posted by TAPS. on December 6, 2022 at 6:20 AM | link to this | reply