April 29, 2024

❗ WHY I DO NOT BUY BITCOINS

Many people don't understand what Bitcoin is. Let me explain with a simple example.

Two gamer friends got together and insteadDota games started to mine Bitcoin. Although the price of Bitcoin is $ 1, hashes are also mined with great speed on the laptop itself.

And so friends have mined millions with bitcoin. Without spending anything. The problem is that this money is virtual, how to withdraw it? No way. It is necessary that someone bring real money.

And who will bring them? That's right, you!

Therefore, 5 reasons not to invest in Bitcoin:

1) Bitcoin is a distributed system.This is a myth, there are root servers that are owned by someone. There is a community that negotiates among themselves. By the way, sometimes they don't agree, so we now have two Bitcoins.

2) Bitcoin does not fulfill any of its logical functions: a very long payment and storage problems (after all, in order to withdraw BITCOINS, you need a bunch of intermediaries).

3) Bitcoin is a dependent system, it depends on real money and cannot stand on its own. That is, unnecessary conversions and meaningless actions. Without real money, Bitcoin cannot exist.

4) Bitcoin is semi-illegal crap. Which can be banned at any time. And you will pay a million in taxes in order to withdraw at least some pennies.

5) There is a lot of scams and deceptions around Bitcoin. That is, there are huge risks.

6) To work properly with Bitcoin, you needunderstand the devices well technically and offload the entire database to several gigabytes. Many people mistakenly believe that creating fake wallets on websites is their specific wallet. But this is not the case. Only if you only have the private key - you own the wallet.

7) Bitcoin raw technology.

Etc.

Most likely, many of you will not listen.And they will think that they will be smarter than others and will have time to withdraw Bitcoin faster. But this is not the case. Real money in the Crypto market is limited and the more Mozyr grows, the less you will get back at least something.

I still don't buy Bitcoin. Although most likely he will really grow. But this is a lottery who will be faster.