Quote:
Originally Posted by facialfreak
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.
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the computing also secures your transactions and then whole network gradually verifies it and then checks so there won't be any double spending.
obviously more people are using bitcoin, more valuable bitcoin and its network will be