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Thread: Bitcoin explained: How do cryptocurrencies work?

  1. #1
    Senior Member GianM's Avatar
    Join Date
    Jun 2011
    Hartbeespoort, South Africa

    Bitcoin explained: How do cryptocurrencies work?

    An estimated 3-4billion Pounds is being laundered via cryptocurrencies in Europe every year, the director of Europol has told the BBC.

    It comes as the Shadow Treasury Minister, Alison McGovern, says much speedier regulation is needed.

    But what are cryptocurrencies? Spencer Kelly explains all.

    Article here
    Of all the things I've lost, I miss my mind the most...

  2. #2
    Administrator Ron77's Avatar
    Join Date
    Feb 2011
    Shasta Lake, California
    A couple of countries have already made using these illegal. There is a lot of things about them that just aren't quite right. And they have also had some fake ones that have shown up. As soon as people purchase these so called coins the fake ones vanish once they have your money.

    Last edited by Ron77; 02-12-2018 at 04:22 AM.

  3. #3
    GROUCHY FUC***G OLD APE Silverback's Avatar
    Join Date
    Jan 2011
    Prescott AZ. Far from the Festering Crap Hole
    Think about it. Our entire currency system is built on faith. That piece of paper in your hands really is not worth any more that what it cost to print it, and it all honesty, not even that.

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