You don't. Even if you think you do, you don't. Feel free to use it as you would any currency, but making money off it? That ship sailed.
And here's how you know. Are you familiar with these groups called "cartels,"? Are they known for not liking money, or not wanting to launder the money they already made? Well, since they aren't running massive mining farms, then it's a safe bet you shouldn't be either.
Man, this stuff just confuses the hell out of me. I don’t understand it enough to put serious dough on it.
I’ve tried reading, it makes sense in terms of mining, but without setting up mining rigs etc how the eff do you make money off this stuff?
You don't. Even if you think you do, you don't. Feel free to use it as you would any currency, but making money off it? That ship sailed.
And here's how you know. Are you familiar with these groups called "cartels,"? Are they known for not liking money, or not wanting to launder the money they already made? Well, since they aren't running massive mining farms, then it's a safe bet you shouldn't be either.
Interesting take on it. Kind of figured the ship has sailed, at this point they're like any other stock except way riskier and volatile.
Didnt even consider that aspect. Blockchain itself seems like good technology, but its use as a currency anyone can barter with seems far fetched.