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

[SickleSigh]

HoloDust 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.

Bitcoin is nice beta test for governments before they lauch their own cryptocurrencies and kill off decentralized cryptos.

Sadly yes, unless acceptance of Bircoin reaches critical mass which it won't. Same reason people hate Democrats and Republican won't vode 3rd party because the perception it's a wasted vote. We have the means to decentralize power but won't because so. The petrodollar has dwindling worth as reserves are harder to get. Still for some a cartel like OPEC is more trusted than anonymous coin miners in China. Worse yet, the part they would keep in shows every transaction ever made by everyone. Every purchase could make you a target.