Bitcoin doesn't exist

General discussion about the Bitcoin ecosystem that doesn't fit better elsewhere. News, the Bitcoin community, innovations, the general environment, etc. Discussion of specific Bitcoin-related services usually belongs in other sections.
hiramehar
Posts: 26
Joined: Mon Aug 27, 2018 3:16 pm

Bitcoin doesn't exist

Post by hiramehar » Fri Aug 31, 2018 11:29 am

It is only a bunch of zeros and ones stored on computer harddrives - Bitcoin is only an abstraction that a bunch of people believe in. When that belief goes down - Bitcoin will disappear again. T
jash
Site Admin
Posts: 1
Joined: Sun Aug 26, 2018 8:38 am

Re: Bitcoin doesn't exist

Post by jash » Mon Sep 03, 2018 9:12 am

It does not just sit in computer harddrive, the file you are talking about is just a reflection of your holdings on blockchain. That's where no once can cheat it.