What would happen if some MMO start rewarding it's own crypto rather than simply gold points?
Then it'd be worthless because no one would spend an infinite amount of crypto dollars into the void?
But then again that's basically every crypto dollar, so who knows.
>>390002653
a single bitcoin is worth 5k now bro.
if anything the dollar is the worthless garbage.
Mite b cool
the amount of chink bots "playing" it would crash the servers
>>390002741
A single piece of a technically infinite resource is worth five thousand dollars. There is nothing stopping the amount of bitcoins in the world from growing. Even if the person/company managing them were to give their word or legal binding that they wouldn't just generate more, there's nothing stopping them from honestly doing so.
People are enamored over a resource that can be massively inflated in quantity, and so little seem to consider that threat. Why do you think it's bad for our government to print out currency constantly?
>>390002550
would be neat, as it's first the first time people have tacked crypto onto other things to encourage interaction (like that social media platform whose name I've forgotten), but mmos attract chink botters like flies to shit and handing out crypto just speeds up their gold farming
>>390003215
You don't understand how bitcoin works, dude.
>>390003215
>There is nothing stopping the amount of bitcoins in the world from growing. Even if the person/company managing them were to give their word or legal binding that they wouldn't just generate more, there's nothing stopping them from honestly doing so.
>>390003215
>they can print againts the laws of math
>>390003215
this is bait right
>>390003215
There is a finite amount of bitcoin actually. Bitcoins are solutions to a finite number of math problems.
>>390003276
>>390003298
>>390003327
>>390003395
>>390003418
Feel free to show any evidence that the person who made Bitcoin couldn't just flood the internet with it.
i would really hate this mmo's community. like really.
>>390002741
>if I had spent a day mining bitcoin a few years ago I would be a millionaire today
>i very nearly tried it out just to see how it works, but got bored
feels doubleplusungood
>>390003556
>all those people who mined a bunch but lost their wallets
>>390003462
Unless the guy who made bitcoin has access to infinite amounts of computation power, he can't do that. He doesn't know the math solutions required to 'print' more bitcoin. Only a computer can find them out.
And it gets harder every time a bitcoin is found
>>390003462
>I don't know nothing about crypto
>>390003556
how much a cheap miner cost today?
>>390003462
It's an open source protocol that allows for bits of data from a finite pool to be "found" by users via a blockchain. "the guy who made it" doesn't even exist.
>>390003629
How does that happen anyway?
To 'have' bitcoin, what do you need to do? I keep hearing about people putting it in a 'bank' and somehow the bank steals all of it.
>>390003556
>do a little mining for funsies back in 2011
>forget about it
>btc hits retarded heights
>cant give drive to recovery professionals because of all the CP they'd find
jk of course but you know
>>390003897
I hear people store it on USB drives
bad idea though given how fast flash memory decays. You want your bitcoin on physical storage (discs) I reckon. Failing that, a hard drive kept well clear of anything magnetic.