What Bitcoin is: An agreement amongst a community of people to use 21 million secure mathematical tokens--"bitcoins"--as money, like traditional African and Asian societies used the money cowry. Unlike the money cowry:
there will never be more bitcoins
they are impossible to counterfeit
they can be divided into as small of pieces as you want
and they can be transferred instantly across great distances via a digital connection such as the internet.
This is accomplished by the use of powerful cryptography many times stronger than that used by banks. Instead of simply being "sent" coins have to be cryptographically signed over from one entity to another, essentially putting a lock and key on each token so that bitcoins can be securely backed up in multiple places, and so that copying doesn't increase the amount you own.
https://bitcointalksearch.org/topic/new-to-bitcoin-start-here-7269
Topic: Where can we find the precious BTC? (Read 489 times)
at nova zemblaaa!
Last seen near timbuktu i heard.
Not sure how reliable the source was though
Not sure how reliable the source was though
Where are they loacated, russia, Uk I'm getting cnfused?
At exchanes are available some precious Bitcoins.
You can mine precious Bitcoins with ASIC hardware as well.
In both cases you need money, but worth the precious Bitcoins
I've heard that it is stored underground at Raja Rao Ram Bux Singh fort in India.
Where are they loacated, russia, Uk I'm getting cnfused?
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