this post was submitted on 02 Sep 2025
34 points (94.7% liked)

Ask

1638 readers
1 users here now

Rules

  1. Be nice
  2. Posts must be legitimate questions (no rage bait or sea lioning)
  3. No spam
  4. NSFW allowed if tagged
  5. No politics
  6. For support questions, please go to !newcomers@piefed.zip

Icon by Hilmy Abiyyu A.

founded 1 year ago
MODERATORS
BoozeOrWater@piefed.social
cloudless@piefed.social
fxomt@piefed.social
34
What's something you genuinely just don't understand? (piefed.blahaj.zone)
submitted 11 months ago by LadyButterfly@piefed.blahaj.zone to c/ask@piefed.social
38 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] derpgon@programming.dev 1 points 11 months ago

It is a currency just like any other. It is created via virtual mining (the more work you do the higher chance you strike a vein). It's value is purely speculative. There are more bitcoin scams that legitimate uses.