the value of bitcoin and cryto in general is that its extremely secure in that a coin cannot be duplicated. the inherant value is in its security, and also there is a limit to how many can be created, so inflation is not a problem other than increasing the fractional value of coins. its also decentralized which is direct threat to the central banking system of debt slavery.
Bitcoin is accessed by one of two ways. Mine it or buy it. Mining is COSTLY. One pays the COST for equipment. Buying it means it COST you money.
COSTS are liabilities that fall under the red ledger column in accounting. It is a liability for the owner to own it.
Real Estate is the number one investment option in the world, since the beginning of time. Land is tangible, hence possesses intrinsic value. Many ways to profit from land.
The internet is not secure at all. It is inherent and it is synonymous with intrinsic which means belonging to the essential nature or constituting a thing, i.e., the intrinsic worth of a gem, gold, or land. Binary code is one's and zero's that do not correspond to nature, nor do they constitute as a thing. One can touch a thing. One cannot touch binary code. The recent volatile swings in value of bitcoin proves this very thing.
dude you just dont understand encryption. a bitcoin is made of information, that information is encrypted hence crypto, its not ones and zeros. this encryption along with blockchain is what makes it so secure. it cant be counterfitted thats why it has value. its also cant be inflated because it has a natural cap due to the fact of the encryption, in other words you need a super computer to mine any more bitcoin after a certain point. its also decentralized
Scroll down to the conclusion, please. Will copy it here, but you need to read it for yourself.
Binary code is used immensely in computer systems for various purposes. It is also used for encryption and decryption of valuable data for secure transactions from one end to another. Cryptography also finds its roots from binary code and it is an essential tool for the safety of data and keeping it safe from interpretation by third-party.
this encryption along with blockchain is what makes it so secure.
The ethereal (lacking material substance : immaterial, intangible.) nature of states of electrons in an electronic device is what makes bitcoin less than worthless.
Aaron Russo was ahead of the curve.
The originator of crypto goes three different ways. Satoshi Nakamoto >> Craig Wright >> Nick Szabo. Fishy, folks!
Binary code is not backed by any metal. A currency with only intrinsic, intangible value.
Fiat currency is not backed by any metal. A currency with only intrinsic, intangible value.
Hard specie money is a stamped coin in a precious metal backed by the same metal. A medium of exchange with actual tangible value.
I'll direct link the blog for you here.
https://www.mybloggertricks.com/2018/06/bitcoin-is-scam.html
You are most welcome! Do enjoy the enlightenment!
the value of bitcoin and cryto in general is that its extremely secure in that a coin cannot be duplicated. the inherant value is in its security, and also there is a limit to how many can be created, so inflation is not a problem other than increasing the fractional value of coins. its also decentralized which is direct threat to the central banking system of debt slavery.
Bitcoin is accessed by one of two ways. Mine it or buy it. Mining is COSTLY. One pays the COST for equipment. Buying it means it COST you money.
COSTS are liabilities that fall under the red ledger column in accounting. It is a liability for the owner to own it.
Real Estate is the number one investment option in the world, since the beginning of time. Land is tangible, hence possesses intrinsic value. Many ways to profit from land.
its issued by your computers processor
The internet is not secure at all. It is inherent and it is synonymous with intrinsic which means belonging to the essential nature or constituting a thing, i.e., the intrinsic worth of a gem, gold, or land. Binary code is one's and zero's that do not correspond to nature, nor do they constitute as a thing. One can touch a thing. One cannot touch binary code. The recent volatile swings in value of bitcoin proves this very thing.
dude you just dont understand encryption. a bitcoin is made of information, that information is encrypted hence crypto, its not ones and zeros. this encryption along with blockchain is what makes it so secure. it cant be counterfitted thats why it has value. its also cant be inflated because it has a natural cap due to the fact of the encryption, in other words you need a super computer to mine any more bitcoin after a certain point. its also decentralized
https://applygist.com/2020/01/how-binary-code-is-used-in-cryptography.html#Binary_code_for_cryptography
Scroll down to the conclusion, please. Will copy it here, but you need to read it for yourself.
Binary code is used immensely in computer systems for various purposes. It is also used for encryption and decryption of valuable data for secure transactions from one end to another. Cryptography also finds its roots from binary code and it is an essential tool for the safety of data and keeping it safe from interpretation by third-party.
Is not binary code one's and zero's?
The ethereal (lacking material substance : immaterial, intangible.) nature of states of electrons in an electronic device is what makes bitcoin less than worthless.
Also in simple terms; to the computer everything is one's and zero's, or binary code.