I don't understand

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Anonymous
I don't understand 2017-06-14 03:33:46 Post No. 2438209
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I don't understand Anonymous 2017-06-14 03:33:46 Post No. 2438209 [Report]

I bought a hundred dollars worth of ETH and put it into smaller cc's just to try and get a feel for this. I want to understand what is going on though. Please answer my questions.

- Does the technology behind crypto-currencies add value to it?
- Where does the value of crypto-currencies come from.
- Some currencies want me to download a wallet to use them? I don't understand this at all.
- Can someone explain all the lingo you guys use?

Sorry for being ignorant I just really don't know where to start. If you link me to a post / site regarding this kind of stuff I will read about it.

Anonymous 2017-06-14 03:35:17 Post No.2438227
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Anonymous 2017-06-14 03:35:17 Post No.2438227 [Report]

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GOOGLE

Anonymous 2017-06-14 03:36:23 Post No.2438240
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Anonymous 2017-06-14 03:36:23 Post No.2438240 [Report]

>>2438209
hurr I'm a newfag and I am too lazy to do my own research: the post.

Anonymous 2017-06-14 03:36:52 Post No.2438245
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Anonymous 2017-06-14 03:36:52 Post No.2438245 [Report]

https://www.youtube.com/watch?v=Lx9zgZCMqXE&t

don't ask me about Eth, no one knows how that works.

Anonymous 2017-06-14 03:37:30 Post No.2438252
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Anonymous 2017-06-14 03:37:30 Post No.2438252 [Report]

>>2438209
>>2438207
who is this anime kid and why am i seeing his face here?

Anonymous 2017-06-14 03:39:39 Post No.2438269
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Anonymous 2017-06-14 03:39:39 Post No.2438269 [Report]

>>2438209

- Does the technology behind crypto-currencies add value to it?
>no, a bunch of top 20 coins have totally worthless tech
- Where does the value of crypto-currencies come from.
>speculation

Anonymous 2017-06-14 03:43:48 Post No.2438302
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Anonymous 2017-06-14 03:43:48 Post No.2438302 [Report]

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Technology creates value from less valuable things, or even from no material thing, like software.

Sand is worthless, but if it is well processed it can be used to create a microprocessor, which is probably one of the most advanced pieces of hardware.

So, yes, the blockchain has an increasing intrinsic value and it seems to create value from "nowhere" because its nature. It is useful, reliable and revolutionary in so many ways!

Leftists believe that value cannot be created. They assume that if you are rich, another one is poor, so they need to distribute it.

Right wing Conservatives know this simple fact: value is relative, it can and is being created by technology. Civilzation exists because it increases value for EVERYONE, and even if some people remain poor, they are still far better than in the wild.

Anonymous 2017-06-14 03:43:56 Post No.2438305
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Anonymous 2017-06-14 03:43:56 Post No.2438305 [Report]

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>>2438252
kek

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/