Post
Topic
Board Beginners & Help
Re: how does it bitcoin work?
by
tinkersay
on 04/09/2014, 13:01:51 UTC
How do you make itbecome a money making machine?
Bitcoin is money

Bitcoin is "somewhat" like money

It is arguable. Many bitcoiners consider it as a currency, while major governments consider it as an asset.
How do you make itbecome a money making machine?
Bitcoin is money

So its all positive then. One a new currency and the other as an asset.

Is it acceptable if I say, Bitcoin is internet money?

Yeah, can you use bitcoin without the net?

Nope, you need electricity and internet connection, to broadcast your transaction.