It's more about how bitcoin is extremely difficult to mine AND very expensive to buy.
In other words noob, you want to mine bitcoins? You need to spend thousands on equipment.
You want to buy bitcoins? Each one is 90 dollars...
Bytecoin solves both of these problems.
In other words, Bytecoin will be easy to mine by the very few miners mining it, and each Bitcoin will have very little value because hardly anyone will use it.
Bitcoin is difficult to mine and very valuable right now because it is actually
used by a lot of people.
We are based in New York City. Current Time 12:44 PM EST
You mean 12:44 PM
EDT (Eastern Daylight Time). It was only 11:44 AM EST when you posted.