I honestly don’t understand how to “do” crypto. Here’s my brain’s interpretation and questions. You will probably see why I, and many others, don’t use it or dabble in it:
It’s got to be mined to obtain (power hog and time)
You can buy it but it is traded like stock which may inflate it to be more expensive to obtain
Who really owns or has responsibility over what you purchase when it comes to the cryptocurrency?
Where is it “stored” (locally, on a cloud somewhere)?
What coin type do you choose and how do you know it’s safe?
Do you just make your own coin and use a program that does everything needed to package it as “money”?
How does someone verify that you actually have the money behind the coin(s)?
This is literally the kind of thing crypto was invented for, but the useful idiots on the internet are too stupid to see the value of it.
Good job being morons. You are all being herded like sheep.
I honestly don’t understand how to “do” crypto. Here’s my brain’s interpretation and questions. You will probably see why I, and many others, don’t use it or dabble in it:
It’s got to be mined to obtain (power hog and time)
You can buy it but it is traded like stock which may inflate it to be more expensive to obtain
Who really owns or has responsibility over what you purchase when it comes to the cryptocurrency?
Where is it “stored” (locally, on a cloud somewhere)?
What coin type do you choose and how do you know it’s safe?
Do you just make your own coin and use a program that does everything needed to package it as “money”?
How does someone verify that you actually have the money behind the coin(s)?