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by PhantomGremlin 4570 days ago
You only need to know two things about BTC. Both courtesy of @ReformedBroker (but origin may of course be elsewhere).

Don't get me wrong, I really really really wish that a practical and honest and low-friction anonymous virtual currency existed. It doesn't currently. Bitcoin isn't it.

1) "You know what's cooler than a million dollars? Virtual currency backed by nothing and nobody."

2) The second explains BTC using a Venn diagram. If you don't understand this diagram, you're the ideal BTC user. http://www.thereformedbroker.com/2013/11/20/bitcoin-likely-u...