Quote:
Originally Posted by White_knight
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Bitcoins can be printed too -- Old Joe inventor can just release 5,000,000 million more coins overnight.
Why do bitcoins have to be mined in the first place? Such a wierd concept for a modern currency.
-hey lets make this new internet currency that has no tangible assest value backing it up.
-hey why dont we make it so people need to mine for it too as if it's some sort of real life Eve Online game.
*watch as idiots with FOMO scramble over their finances to buy them as wealthy men with tangible RL assets use Bitcoin as one of the biggest pump and dump scams ever seen in History*
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the mining concept had to do a lot with the people who started bitcoin owning mining technology companies that magically disappeared soon as bitcoin bombed. Again, more of the scam which few were involved in.