i just bought 100 dollars in bit coin stuff, now what?

[SickleSigh]

nanarchy said:

SickleSigh said:
The brilliance of Bitcoin is the lack of a Federal Reserve staffed by shysters that lend currency to a govt. with debt. Easy to see how all money is meaningless beyond the value society shares. A delusion we all willingly go along with, but when it becomes arbitrary with inflation or deflation that delusion can't persist. Post WW1 Weimar Germany would pay employees at start of day and let them shop, as bread would be 5x more expensive at end of day. People used currency as wall paper.
The public ledger available for all to see and unable to be manipulated creates a free market currency that bankers don't control. No wonder China is trying so hard to kill it.

except of course 80% of hashing power is currently controlled in Chinese hands and hence at risk of manipulation should they choose to do so. The myth that Bitcoin is somehow immune to manipulation is riduculous, it is actually far easier and cheaper for them to manipulate bitcoin than it is a currency at the moment, The current fights over Bitcoin cash split highlight this issue.

I was under assumption the "split" was from the ledger not being able to cope with transactions, so a tweaking of the platform fixed it. The split is between those who want to remove the public ledger and later making it public and those who want to increase data per chain and leave it public. India also removed it's most used note out of circulation rendering it meaningless. Venzeuela had their currency devalued to a point where food is the new currency. Considering the alternatives at least this was public and resolved by more than technocrats.