Real Estate and Life in Colorado and Beyond

Crypto Blog #3

Meanwhile, Bitcoin has big advantages over conventional money.  One is anonymity.  Transactions are recorded in something called a block chain.  Which is a public ledger showing every Bitcoin transfer ever transacted, going back to its launch in 2008.  Buyers and sellers are identified only by a public “key,” which is an outwardly meaningless string of code.

Another advantage is that the number of Bitcoins will forever be fixed.  Eventually that number will be 21 million. That’s in contrast to dollars where the supply is continuously increased. It’s called inflation.

What does any of it have to do with real estate? I don’t know. At this point I just figure everything is connected to everything else.

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