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Pretty much the same as any other currency, then.In basic terms; Bitcoin is a digital only currency. No physical money exists.
It's a weird business though and you have to question why alot of darkweb and criminal activity is using it. There are legit use of it too of course.I don’t trust it either but don’t think it’s a scam, it has value because it’s not infinite. It will have more uses in years to come then it’s value will increase so I do believe it’s worth buying and holding a little bit. I think the big money bubble has burst for now.
A family member of mine started a crypto trading company 6 years ago with around £100k he sold 70% of it 2 years ago for £21 million (100% true) I laughed at the time when he told me what he was doing and thought he mite aswell just throw that £100k in the bin! Some people (the ones who really believed in it) have gotten very wealthy from it.
I'm sure Andy will be happy to welcome all donations after the Reform news.I’ve got some groats and some silver thru’penny bits, and I’m thinking of making a donation to the Monster Raving Loony Party.
I was going to mention that aswell. That guy must have been absolutely gutted.
Pretty much the same as any other currency, then.
Because they got involved at the top of the pyramid.I don’t trust it either but don’t think it’s a scam, it has value because it’s not infinite. It will have more uses in years to come then it’s value will increase so I do believe it’s worth buying and holding a little bit. I think the big money bubble has burst for now.
A family member of mine started a crypto trading company 6 years ago with around £100k he sold 70% of it 2 years ago for £21 million (100% true) I laughed at the time when he told me what he was doing and thought he mite aswell just throw that £100k in the bin! Some people (the ones who really believed in it) have gotten very wealthy from it.
Yeah last I heard he was trying to buy the landfill but I guess he has given up.
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