US Senator Proposes Legislation To Re-value US Gold Reserves To Buy Bitcoin

[jitter77]

The miners use massive amounts of energy to resolve, as a group, increasingly complicated math problems, whose answer benefits no one, to generate a shared bitcoin as the result, thusly severely limiting these coins that no one has ever seen.

It's like these folks never thought that maybe they should stop using all this energy that is effectively wasted and use those resources to you know, feed people, buy medicines for people, stop wars, etc.

I remember certain video cards cost 2.5x as much as they used to due to people buying them for mining. If your PC was too powerful it would cost more in electricity than you would make finding pieces of bitcoin so there was a fine line. I do not really understand bitcoin, but I got like $10 on pay pal just for fun. It is extremely volatile. At one point it was worth almost double what I paid then it dropped below what I paid now its back up to over $19.

 

[Booted]

I remember certain video cards cost 2.5x as much as they used to due to people buying them for mining. If your PC was too powerful it would cost more in electricity than you would make finding pieces of bitcoin so there was a fine line. I do not really understand bitcoin, but I got like $10 on pay pal just for fun. It is extremely volatile. At one point it was worth almost double what I paid then it dropped below what I paid now its back up to over $19.

Stay in the game until it hits $50

 

[Ironcitysteelers]

The miners use massive amounts of energy to resolve, as a group, increasingly complicated math problems, whose answer benefits no one, to generate a shared bitcoin as the result, thusly severely limiting these coins that no one has ever seen.

It's like these folks never thought that maybe they should stop using all this energy that is effectively wasted and use those resources to you know, feed people, buy medicines for people, stop wars, etc.

But why stop killing people? It makes them money. Lots of it.

Wait, Nord Steam in the line BRB.

 

[Confluence]

I remember certain video cards cost 2.5x as much as they used to due to people buying them for mining. If your PC was too powerful it would cost more in electricity than you would make finding pieces of bitcoin so there was a fine line. I do not really understand bitcoin, but I got like $10 on pay pal just for fun. It is extremely volatile. At one point it was worth almost double what I paid then it dropped below what I paid now its back up to over $19.

Exactly.
$19 x 2.63157 = ???

 

[Booted]

Exactly.
$19 x 2.63157 = ???

 

[Ironcitysteelers]

****. It’s been years under sleepy inflation. Recalculate.

 

[MT~Forged]

Or guns to get that gold.

Or food to feed the guys with the guns.

Or whiskey to get them drunk enough you can just take everything they have

 

[MT~Forged]

I remember certain video cards cost 2.5x as much as they used to due to people buying them for mining. If your PC was too powerful it would cost more in electricity than you would make finding pieces of bitcoin so there was a fine line. I do not really understand bitcoin, but I got like $10 on pay pal just for fun. It is extremely volatile. At one point it was worth almost double what I paid then it dropped below what I paid now its back up to over $19.

I made a chunk a few years ago in the solar and energy technology area. Got out too soon, but was perfectly satisfied with about 4x what I paid. Uncle Sam appreciated it too.

 

[Confluence]

Or whiskey to get them drunk enough you can just take everything they have

Oh shiit....now my plan is public!