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Old 01-08-2021, 11:50 PM   #4 (permalink)
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That was six years ago. I got a hard wallet at Fry's but never got over the hurdle of sitting in a coffee shop and handing someone cash.

A year ago March I gave it to my son and asked him to transfer some of his into it and I'd reimburse him. I figure he owes me six grand at this point.

Anyhow, I like the process more than the prospect of riches.
If you have Bitcoin, I think you print out the 50-digit address or laser etch it on stainless steel ingots or something so it won't go away. The value is held in common by the network.

The energy requirement is a flaw, but as you see that can be exploited. Iceland's geothermal power is best, but IIRC it's exacerbated by competition between the miners.

When the value of a single Satoshi equals $1, a single Bitcoin will be worth 1 million dollars. After the Democrat depression, if not already, a single dollar will be worth a single penny. I think it's about 4 now.

Cold hearted orb that rules the night, Removes the colours from our sight, Red is grey and yellow white, But we decide which is right, And which is an illusion.
The Day Begins -- Moody Blues
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