Topic: 2013-01-31 Ten Things You Need to Know about Bitcoin (Read 1030 times)
It looks like a 2011 article, imprecise, focus on the wrong things, too much focus on mining...
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Some even suggested that his name was just a mashup of popular Japanese companies — SAmsung TOSHIba NAKAmichi MOTOrola.
Lol, when did Samsung decide to migrate from Korea to Japan?!
Heh. That's one thing. Motorola is from... Illinois.
6. Fairly skewed answer. Wallets do not contain bitcoins. The wallet contains a private key which authenticates that user with the public transaction list that associates the bitcoins to the owner of the public address that corresponds to the private key. A more technical answer, yes, but the truth is bitcoins do not exist outside of the blockchain. This point is highly relevant to the fundamentals of bitcoin and explains ownership.
8. I have to say, to the unitiated and to those who wish to compare bitcoin to say, the USD, this answer is a complete falsehood. Getting bitcoins is not "really easy". It's a bitch for the newcomer as well maybe it should be, just like we don't give 5 year olds wallets full of cash.
8. I have to say, to the unitiated and to those who wish to compare bitcoin to say, the USD, this answer is a complete falsehood. Getting bitcoins is not "really easy". It's a bitch for the newcomer as well maybe it should be, just like we don't give 5 year olds wallets full of cash.
Quote
Some even suggested that his name was just a mashup of popular Japanese companies — SAmsung TOSHIba NAKAmichi MOTOrola.
Lol, when did Samsung decide to migrate from Korea to Japan?!
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