Quote from: NotLambchop on October 27, 2014, 08:06:28 PM

Quote from: Skoupi on October 27, 2014, 07:45:59 PM

Quote from: NotLambchop on October 27, 2014, 07:11:53 PM

You're missing the point. Some here think that by buying 1BTC, they are buying 1/21millionth of the technology. I'm simply pointing out that's nonsense.

Actually you are buying 1/21 millionth of the total digital units of an instance of the most sophisticated, actively developed, global, decentralized, secure transactions network the world has ever seen...

That's why buying 1/21 millionth of an altcoin costs 1000 times less despite the fact that the underlying technology is almost identical...

FTFY.

an instance of?

what other instance of blockchain ledger has gained any traction?

caution, troll, don't mistake infrastructure for "sunken capital" again troll