Not quite true...yet there is a grain of truth in it.Salt was and still is a currency. It’s where we get the term 'salary' from.
It's a bit like having 'beer money'...you can buy beer with it but you're certainly not paid in beer.
Not quite true...yet there is a grain of truth in it.Salt was and still is a currency. It’s where we get the term 'salary' from.
I’m sure I could find similar posts on the 'net saying that the world isn’t round too.Not quite true...yet there is a grain of truth in it.
It's a bit like having 'beer money'...you can buy beer with it but you're certainly not paid in beer.
Think about it. You've marched all week and all you have to show for it is a pound of salt.I’m sure I could find similar posts on the 'net saying that the world isn’t round too.
Is it possible he's been hacked? Or finally tipped over the edge???I'm not entirely sure why JohnD is struggling (perhaps deliberately?) to understand the concept of a Digital Currency.
and pebblesSalt is probably the oldest form of currency.
He’s not. He just likes to try to prove he’s more financially savvy than everyone else , in this instance by attempting to show that crypto currency is there to mug people off. which of course everyone knows anyway.I'm not entirely sure why JohnD is struggling (perhaps deliberately?) to understand the concept of a Digital Currency.
The President of El Salvador is investing in a project called 'Bitcoin City' where his government plans to build a new city around a volcano and use geo-thermal energy to power heating and electricity. I caught the last ten minutes of a BBC news report which appears to show how bitcoin is being used to regenerate El Salvador's economy. Apart from that project and an enclave called 'Bitcoin Beach', where real estate is being sold at inflated prices, nowhere else in the country will accept Bitcoin.
It has the appearance of an economic bubble. Entrepreneurs love it. The people do not trust it.
It only needs one block in the chain to break and where will it leave an entire city?I remember the day it all started. I was working in a tech environment & lots of the propeller heads were VERY excited about it.
Satoshi Nakamoto has yet to be identified, something I find VERY strange in this day & age. I presume him/it to be a Gov't dept.
One of the most interesting legitimate uses of a digital currency I have heard, is to generate electricity in a place where that would be easy & cheap, then rather than transport that electricity over a long distance, use that electricity to mine the currency & use that created value to subsidise electricity generation elsewhere.
You could have a solar farm in the Australian outback subsidising the electric bills of Californians.
I'm not entirely sure why JohnD is struggling (perhaps deliberately?) to understand the concept of a Digital Currency.
it looks like it's back on it's way up again.