Post
Topic
Board Bitcoin Discussion
Re: Where do Bitcoins Came from?
by
topiOleg
on 13/02/2016, 14:49:05 UTC
Out of curiosity I just thought where do bitcoins came from??
They're mined, currently at a rate of 25 BTC every 10 minutes. In other words, "printed out of thin air" Cheesy

Out of curiosity I just thought where do bitcoins came from??
Are you at all curious where the US Dollar comes from?
...

Everyone knows that fiat toilet paper is printed out of thin air. Just like BTC Smiley


You compare apples and oranges here, the 25 BTC every 10 minutes is provably fair mechanism how the total of 21 Million Bitcoin gets disributed over time. How would you distribute 21 Million of Bitcoins otherwise than slowly releasing Bitcoins to those who secure Bitcoin security by mining until all 21 Million Bitcoins are distributed Huh