In my buddies pasture, I am a country boy, don't think I can't ride. Gonna tell you like this, I am proud and happy for you that you were wise enough to see an opportunity ground floor and jump in. I am not going to bag on you for that , I am simply saying at this point it is not the best option for most people. Most people will never fully comprehend hashing an algorithm and it is foolish to invest in something you don't understand. So if you can explain in lay-mans terms exactly how a GPU is used to crunch a mathematical equation to verify it is less than a set value so on and so forth and get them to understand all the details of how it came about , how it is supported and in theory how it supposedly it is just like cash and could not be tracked (which turned out to be FALSE) and supposedly how it is unhackable because some guys at MIT and Stamford said so when even our DOD , the DOJ one of the worlds most trusted cyber security solar winds and many others are getting hacked ............need I keep going? I was around when in theory due to some "scientist" speculation based on physics 3Mhz was going to be max clock speed of a CPU then IBM RISC said hold my beer fuck you physics. So it is going to take an awful lot of explaining to convince me. If you did not program each Integrated circuits firmware on the device that is holding your wallet you are were compromised before you started PROVE ME WRONG Good luck.
if i had shitloads of bitcoin i assume someone could easily give me a horse or at the very least ride with me to wherever there is power
and that person could have half of it and become stupidly rich too
so...
where's your horse?
In my buddies pasture, I am a country boy, don't think I can't ride. Gonna tell you like this, I am proud and happy for you that you were wise enough to see an opportunity ground floor and jump in. I am not going to bag on you for that , I am simply saying at this point it is not the best option for most people. Most people will never fully comprehend hashing an algorithm and it is foolish to invest in something you don't understand. So if you can explain in lay-mans terms exactly how a GPU is used to crunch a mathematical equation to verify it is less than a set value so on and so forth and get them to understand all the details of how it came about , how it is supported and in theory how it supposedly it is just like cash and could not be tracked (which turned out to be FALSE) and supposedly how it is unhackable because some guys at MIT and Stamford said so when even our DOD , the DOJ one of the worlds most trusted cyber security solar winds and many others are getting hacked ............need I keep going? I was around when in theory due to some "scientist" speculation based on physics 3Mhz was going to be max clock speed of a CPU then IBM RISC said hold my beer fuck you physics. So it is going to take an awful lot of explaining to convince me. If you did not program each Integrated circuits firmware on the device that is holding your wallet you are were compromised before you started PROVE ME WRONG Good luck.
there are people... who hold like tens of thousands more bitcoins than the average user
i'm pretty sure if they can hold their billions of dollars in investment securely then you can find a way to do so as well
No, is that now clear? I am not investing in BTC, end of story.