if you think the sun is going to rise in the morning, is that also positive thinking? No, its just a factthat Bitcoin is going to be worth that much because its undervalued! if everyone wanted to use bitcoin everyone would have to buy some, and so the price gos up because theres only so many and the price will keep going up as long as we keep printing money!
Its more a philosophical question, but al;so a purely material; one as wel!
Bitcoin is just a ledger, its how I explain this to older people, its a distributed shared ledger and every ledger has the exact EXACT same transactions, THEN the old people i talk to understand it, and they understand just how useful it is to use a private cryptograophic key as a way to hold thje bitcoins that you have "bought" because youre REALLY just buyoing the keys to an account, and all bitcoin is is a system rthat tells us who has what!
Bitcoin and crypto currency is SIMPLY a way to keep track of how rich everyone is!!!!!
Power of positive thinking ??
if you think the sun is going to rise in the morning, is that also positive thinking? No, its just a factthat Bitcoin is going to be worth that much because its undervalued! if everyone wanted to use bitcoin everyone would have to buy some, and so the price gos up because theres only so many and the price will keep going up as long as we keep printing money!
Its more a philosophical question, but al;so a purely material; one as wel!
Bitcoin is just a ledger, its how I explain this to older people, its a distributed shared ledger and every ledger has the exact EXACT same transactions, THEN the old people i talk to understand it, and they understand just how useful it is to use a private cryptograophic key as a way to hold thje bitcoins that you have "bought" because youre REALLY just buyoing the keys to an account, and all bitcoin is is a system rthat tells us who has what!
Bitcoin and crypto currency is SIMPLY a way to keep track of how rich everyone is!!!!!
Spot on!. Remember me when you are rich.