Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
billyjoeallen
on 03/09/2015, 10:38:39 UTC
If I'm not buying blockspace when I'm buying bitcoin, then what the hell am I buying? You can't charge rent on something you've already sold. That's not how business works. That's how the State works.

"Which is better - to be ruled by one tyrant three thousand miles away or by three thousand tyrants one mile away?" ~ Mather Byles

I dunno, Mather. Looks like the same shitty deal to me.

How can you possibly equate buying bitcoin with buying block space  Huh

How's that supposed to work? How many "blockspace" do I get for 1 bitcoin?

Easy. 1/21,000,000th of the whole chain.  I answered your question, now you answer mine. If I'm not buying space on the blockchain when I'm buying bitcoin, what am I buying?