Main problem is, bitcoin overall is just nonsense. Basically a Ponzi or pyramid scheme. "Mining" bitcoin doesn't produce anything useful, and when you think about things like

In other words, bitcoin's inventor Nakamoto set a monetary policy based on artificial scarcity at bitcoin's inception that there would only ever be 21 million bitcoins in total. Their numbers are being released roughly every ten minutes and the rate at which they are generated would drop by half every four years until all were in circulation."

the whole thing is just ridiculous. But as with other Ponzi schemes, all each individual "miner" worries about - or at least SHOULD worry about, if they have any brains at all - is not being left holding the empty bag at the end when it all collapses.

So even if the guys even had the bitcoins they wouldn't know what to do with them. They might even decide to just sell them off to Stuart or just hold onto them as "collectables".

If Stuart could afford to buy bitcoins he wouldn't have so many other problems.

@znexyish said:

@CalabrianQueen said:

@znexyish said:

There are also many types of crypto-currency besides bitcoins. Altcoins or alternative bitcoins. Since this is all relatively new it will take some time to develop.

As long as it remains free from Bank regulation it will remain the De Jour currency.

The "I was spending Bitcoin before it was cool" crowd are dreading the overexposure.

Then there is the "I was exploring digital currency before there was bitcoin" crowd to deal with. Did a search on "before bitcoin" this is just one of a few articles...

https://bitcoinmagazine.com/articles/quick-history-cryptocurrencies-bbtc-bitcoin-1397682630/

There are other crytocurrencies but none of them can ever replace gold- backed money . IMO it had less sustainability than paper money does: it's basically a digital facsimile of gold without the guaranteed and consistent value gold provides. It could be worth thousands today and nothing tomorrow.

I was reading some articles on it to hear different perspectives and the more I read the less I care.

@CalabrianQueen said:

This would have been a good episode to find out Stuart secretly had millions worth of Bitcoin just lying around in cyberspace, then through the next few seasons we seem him become a mogul and starting a massive comic book chain. Can people suspend disbelief enough for that or is it too farfetched?

I'm not too familiar with how Bitcoin conversion works, only that one is "worth" roughly 10,000 dollars, some sort of "Crash" is inevitable and economists with any cachet think it's a waste of time dealing in it. And I vaguely remember my Undergrad having a Bitcoin atm that hasn't been touched since it was installed.

Neways how do I recover old Bitcoin?

There's some lovely organs I'd like to purchase on deep web Walgreens(sarcasm).

Couldn't help but think of this Thread...

When it comes to the Bitcoin frenzy, seems life went one-up on "art" .

Saw in the a.m. paper where a recording artist accepted a Bitcoin payment valued $400K in 2014; and then forgot all about it. Guess with all this Bitcoin business in the news someone remember. Now, according to the news article, that payment is worth between $7M and $8.5M!

Leonard and Howard should be so lucky!

@FormerlyKnownAs said:

@CalabrianQueen said:

This would have been a good episode to find out Stuart secretly had millions worth of Bitcoin just lying around in cyberspace, then through the next few seasons we seem him become a mogul and starting a massive comic book chain. Can people suspend disbelief enough for that or is it too farfetched?

I'm not too familiar with how Bitcoin conversion works, only that one is "worth" roughly 10,000 dollars, some sort of "Crash" is inevitable and economists with any cachet think it's a waste of time dealing in it. And I vaguely remember my Undergrad having a Bitcoin atm that hasn't been touched since it was installed.

Neways how do I recover old Bitcoin?

There's some lovely organs I'd like to purchase on deep web Walgreens(sarcasm).

Couldn't help but think of this Thread...

When it comes to the Bitcoin frenzy, seems life went one-up on "art" .

Saw in the a.m. paper where a recording artist accepted a Bitcoin payment valued $400K in 2014; and then forgot all about it. Guess with all this Bitcoin business in the news someone remember. Now, according to the news article, that payment is worth between $7M and $8.5M!

Leonard and Howard should be so lucky!

Well Stuart or whoever he sold the flash drive to. Unless Stuart still has it collecting dust in his shop.

@znexyish said:

@FormerlyKnownAs said:

@CalabrianQueen said:

This would have been a good episode to find out Stuart secretly had millions worth of Bitcoin just lying around in cyberspace, then through the next few seasons we seem him become a mogul and starting a massive comic book chain. Can people suspend disbelief enough for that or is it too farfetched?

I'm not too familiar with how Bitcoin conversion works, only that one is "worth" roughly 10,000 dollars, some sort of "Crash" is inevitable and economists with any cachet think it's a waste of time dealing in it. And I vaguely remember my Undergrad having a Bitcoin atm that hasn't been touched since it was installed.

Neways how do I recover old Bitcoin?

There's some lovely organs I'd like to purchase on deep web Walgreens(sarcasm).

Couldn't help but think of this Thread...

When it comes to the Bitcoin frenzy, seems life went one-up on "art" .

Saw in the a.m. paper where a recording artist accepted a Bitcoin payment valued $400K in 2014; and then forgot all about it. Guess with all this Bitcoin business in the news someone remember. Now, according to the news article, that payment is worth between $7M and $8.5M!

Leonard and Howard should be so lucky!

Well Stuart or whoever he sold the flash drive to. Unless Stuart still has it collecting dust in his shop.

Considering Stuart's buzzard-luck, it probably fell through a hole in his pocket and got run over by a garbage truck.

I don't know about anyone else, but the first thing I do when I find some kind of USB "drive" etc, is ERASE/FORMAT IT. WITHOUT looking to see what might put a virus or whatever into my stuff.