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Old 05-08-2019, 08:29 PM  
bronco67
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Join Date: Dec 2006
Posts: 29,032
Quote:
Originally Posted by jscott View Post
Rather than looking at it as a tool to make (or lose) money, understand it and you'll see it is "something". Understand it and you'll become bullish.

-> https://twitter.com/Panama_TJ/status...51956301131776 (quick 2min great vid)
Thanks for that video. I always did generally know what it is, but not explained so clearly. When I say it's "nothing", I mean technically it's nothing because it's not tangible physically. But I guess it gets its value the same way any other currency did throughout history. Maybe not exactly the same way because digital is a new realm, but it's still assigning value to tokens which can be exchanged for something else of value, like some third rate Viagra knockoff or an escort while you're in Vegas.
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