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Do You Take Bitcoin?

February 5, 2018 Kim Tracy Prince 15 Comments

red pill blue bill bitcoin

Raise your hand if you, like me, still don’t understand what Bitcoin is.

I tried to read “Bitcoin For Dummies,” or a version of it that I found on the internet. In fact, it was something like Blockchain for Dummies because Blockchain is apparently the thing that makes Bitcoins?

I imagine Bitcoin to be like Monopoly money. It’s not real, exactly, but somehow it’s worth like a million dollars per share. (Well, not today since the stock market experienced its biggest dip of all time or something terrible like that.)

I am not a stupid person, but I have failed to wrap my mind around this fake money. People have explained it to me as currency that is generated by code.

O…kay.

I know someone who set up a fake website that generates Bitcoin every time someone watches one of the top ten most current YouTube Live streams.

What? And?

So, it’s like Rumpelstiltskin spinning gold out of hay. It’s fairy tale money. It was over $8,000 per share until today, when it went all the way down to $6,260.

But I still don’t get it.

As a freelance writer I was assigned articles about plenty of things I didn’t quite understand, like the MLB delay of game rules, mergers and acquisitions, or how to parent a toddler. I could Google the heck out of those things or experiment on my own babies, or call smart people I know who do know about those things and get them to explain them to me. Then I could write a reasonably well-informed and readable article. Some of my articles about things I didn’t previously understand were even fairly popular.

I am very happy that I don’t have an assignment to write about Bitcoin because the topic just makes me feel stupider by the second.

So why I am I writing about it at all?

That’s a really good question. I’m going to stop now and leave The Matrix to take a walk in the real world.

If it’s even the real world at all…

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Blogging bitcoin, blockchain, matrix

Comments

  1. Roman@RimsAndTires says

    February 16, 2018 at 11:54 PM

    Thank you for sharing your point of view.
    As for me, I do not understand Bitcoin and any money of that type!
    I think it is like a soap bubble!

    Reply
  2. Devid says

    March 2, 2022 at 11:11 AM

    Thanks for your post. Really this article is very helpful for me.
    can you tell me where I will get this kinds of article?

    Reply
  3. Scam Help says

    March 28, 2022 at 12:11 AM

    Yep, I will. By the way, I appreciate the reading and I am going to share the post on my social media pages to see my friends and followers. Thanks and keep up the good work!

    Reply
  4. NewtonX says

    March 28, 2022 at 12:44 AM

    I do agree with this and I will do it as well! Just a quick note to tell you that I have a passion for the topic “Take bitcoin” at hand. I appreciate the reading. Please keep it up!

    Reply
  5. ThePayStubs says

    April 14, 2022 at 9:35 PM

    I must do it. By the way, this is really a helpful reading, and got some wise words through this posting. I am going to bookmark the site for further assistance. Please keep posting things like this.

    Reply
  6. dolton says

    May 23, 2022 at 4:52 AM

    wow such an informative article about digital curriency
    thanks for sharing usefull information with us

    Reply
  7. kallen says

    August 4, 2022 at 9:26 PM

    thanks for sharing this amazing content about digital currency
    kallen recently posted…Hello world!My Profile

    Reply
  8. James says

    April 3, 2023 at 3:47 AM

    Great way of telling /

    Reply
  9. Alex says

    April 3, 2023 at 3:49 AM

    Why dont you write more articles on Bitcoins and other cryptocurrencies?

    Reply
  10. Richard Betz says

    March 22, 2024 at 12:47 AM

    Absolutely loved this thought-provoking piece on the integration of Bitcoin into business transactions! With the rise of digital currencies, it’s becoming increasingly essential for businesses to adapt to this evolving landscape.

    Reply
  11. Alicia Claremont says

    May 7, 2024 at 8:17 AM

    As a tech enthusiast and avid investor, I’ve long been intrigued by the potential of Bitcoin. While the concept of digital currency may seem daunting at first, it represents a seismic shift in the way we perceive and interact with money. This article beautifully encapsulates the complexities and nuances surrounding Bitcoin, offering valuable insights into its evolving role in our digital economy. As society moves towards greater digitalization, embracing Bitcoin as a legitimate form of payment is not just prudent—it’s essential. Kudos to the author for shedding light on this timely and important topic

    Reply
  12. Chad Thomas says

    May 7, 2024 at 8:17 AM

    I must confess, Bitcoin has always been a bit of a mystery to me. Despite numerous attempts to wrap my head around its intricacies, I still find myself grappling with the concept of digital currency. That being said, this article does an admirable job of demystifying Bitcoin and its potential implications for the future of finance. While I may not fully grasp all the nuances of Bitcoin, I can certainly appreciate its disruptive potential and the opportunities it presents for businesses and consumers alike. Perhaps it’s time for me to take a closer look at this digital phenomenon and consider its implications for my own financial journey.

    Reply
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    December 15, 2024 at 6:06 AM

    Flash USDT Trust Wallet Welcome to the *OnChain Flash Tool, your ultimate solution for seamless cryptocurrency management. Whether it’s *USDT, BTC, ETH, or other cryptos, this advanced tool offers unmatched ease, security, and performance trusted by users globally.

    Reply
  14. swwsw says

    January 24, 2025 at 10:57 AM

    wssw

    Reply
  15. Crypto Asset Managers says

    January 24, 2025 at 10:58 AM

    Crypto Asset Managers is at the forefront of managing digital assets, expertly navigating the evolving world of cryptocurrency. With Bitcoin as a core investment, they offer strategic insights and a secure platform for long-term growth, empowering investors to capitalize on crypto’s potential while mitigating risks in this volatile market.

    Reply

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