So, as I was lulzing at Ghost's broadcast, I heard a mention of bitcoins, which I've heard of a time or two before. I decided to actually look up what it was, and it seems like the stupidest thing I've ever heard of.
This is my understanding of a bitcoin:
1. Open bitcoin program
2. Wait 10 minutes, generate 50 bitcoins randomly
3. Sell these 50 bitcoins that you just generated out of thin air for real money or buy something with it
Why the forget would anyone accept a currency that was just randomly generated, this makes no sense to me it completely defies the concept of an economy, you get money for doing zero work besides leaving a program open idling as you go about your business and it generates completely loving pointless hashes and compares them to other hashes. Honestly, you might as well just generate a number 1-5000 and check to see if its 243 700 times a second and if it is give them free money.
Someone explain this to me because it makes no loving sense what so ever.