Help me understand this bit coin please.

[Ricboff]

Funny money. Backed by NOTHING, no one, nobody, nada.

Not gold, nor platinum or silver, nor tree bark used as money in primitive societies.

Just millions of speculators, badly in need of an economics class.

Risky as hell. Prove me wrong.

why would ANYONE want to prove you wrong?

dont play, WHO CARES?

its gone from an idea (some mother fucking genius oriental chap) to .0001.....to $3....to $3000....to $10000...to Wall Street doubting, all the geniuses saying tis garbage...to $20,000...to Wall Street embracing....to $60,000..and now at $30,000 and has countries around the world using it in trade .

is the planet giving up/looking for other options on the USD? why would they do that?


https://www.usdebtclock.org/

when is congress going to get the debt ceiling back in. U boyz all smoking weed?

 

[onetrikpony]

Amazon stock went public in 1997 at $18 and is now $3488 in pretty good about a 20,000% return in 24 years $100 invested worth $20,000 today
Bitcoin in 2011 $1 and is now $34000. 10 years later a gain of 3,399,900% that is 3.4 Million % .$100 invested worth 3.4 million today
What else do you need to know?