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Started by touchingcloth, April 11, 2022, 11:17:15 PM
Quote from: MojoJojo on May 14, 2022, 07:15:55 PM
Quote from: MojoJojo on May 14, 2022, 07:15:55 PMOne gets added to the node that successfully worked out the hash of the new block.
Quote from: JesusAndYourBush on May 14, 2022, 10:36:38 PMSo the new coin is conjured out of nowhere?, like when you get a loan from the bank, aaah!
Quote from: Consignia on May 15, 2022, 12:22:59 AMIt gets a bit more complicated because there is a built in cap to the number of Bitcoins that can ever be created. But yeah, it's effectively automated quantitive easing.
Quote from: Captain Z on May 15, 2022, 01:57:09 AMApparently they are very close to finding out what is inside a bitcoin.
Quote from: Replies From View on May 15, 2022, 07:45:39 AMDo bitcoins have foil exteriors...
Quote from: JesusAndYourBush on May 15, 2022, 03:22:44 PMYou've made me remember a news story from a few years ago where a guy was detained at customs, taken to a back room, the whole rubber glove treatment, and for a short time he was in big trouble for smuggling a large amount of bitcoins in his luggage... it turned out what he had was a load of badges with the bitcoin logo on them that the customs people thought were the coins themselves.
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