The Bitcoin hype lately has gone huge, but what's Bitcoin exactly?
Let's start VISA as an example. Basic transactions works on encrypted lines between client, VISA bank systems and other client. We can send money on long distances by a clicks. That's exactly how Bitcoin was meant to work, but with slight difference - it was going to operate on mathematical problem solutions that were an equivalent for "real money".
There are two entry levels to enter crypto thing. The first one is to invest into gear and plugin into blockchain. It relations does slighty what does SETI and other apps that solving count solutions. In theory the more You dwell the more You get.
The second way to enter cryptocurrencies is to buy an real money equivalent. We can achieve that by many not trusth-worthy businesess or banks, simply. The more money we invest the more crypt thing we get, in theory. In practice the invisible hand of market works and we were spotted this lately - the price of crypt are very fluid at this stage.
If You still don't get an other than fun reason behind cryptocurrency technology than You may find a tip into real life work. In theory Your time is precious and we can say how much it is worth on average by stat tables. The more You dwell the more You pull, but the way from it to become real money is long.
Let's start VISA as an example. Basic transactions works on encrypted lines between client, VISA bank systems and other client. We can send money on long distances by a clicks. That's exactly how Bitcoin was meant to work, but with slight difference - it was going to operate on mathematical problem solutions that were an equivalent for "real money".
There are two entry levels to enter crypto thing. The first one is to invest into gear and plugin into blockchain. It relations does slighty what does SETI and other apps that solving count solutions. In theory the more You dwell the more You get.
The second way to enter cryptocurrencies is to buy an real money equivalent. We can achieve that by many not trusth-worthy businesess or banks, simply. The more money we invest the more crypt thing we get, in theory. In practice the invisible hand of market works and we were spotted this lately - the price of crypt are very fluid at this stage.
If You still don't get an other than fun reason behind cryptocurrency technology than You may find a tip into real life work. In theory Your time is precious and we can say how much it is worth on average by stat tables. The more You dwell the more You pull, but the way from it to become real money is long.
