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by lottin
1777 days ago
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> Buying a portion of Bitcoin is like buying shares of a bank Bitcoin payments are settled by "miners". It's therefore the miners who provide the service of settling bitcoins transactions, not the bitcoins themselves (which are the things being transacted from one wallet to another). Yes, miners create value by providing this service, and they get paid for it with transaction fees. However owning bitcoin doesn't confer you ownership rights of the bitcoin mining business, therefore owning bitcoin is completely not like owning shares of a bank which does confer such rights. |
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