Quote:
Originally Posted by MrBottomTooth
Still don't understand how a monetary value is created by letting your computer do calculations in the background.
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The computing is only a means of gradually releasing more Bitcoins into the wild, but has absoutely no effect on it's value ..
The ONLY reason why bitcoins have any value, is because the people using them agree that they hold the value that they do ... kinda like a gentleman's bet.