IamAlso_u_grahvity

http://www.reddit.com/user/IamAlso_u_grahvity

Highest Rated Comments

IamAlso_u_grahvity1774 karma

When you started working there, how soon did you learn that you forfeit your tips? Did you consider this to be reasonable?

IamAlso_u_grahvity219 karma

Are you the cumguy on 4chan?

*added the 2012 update

Mathematics.

IamAlso_u_grahvity38 karma

It's like The Matrix, here, see it for yourself.

+/u/bitcointip $1

EDIT: You're very welcome.

A Bitcoin is an entry on a ledger. Miners not only are generating new bitcoins by solving these equations but also verifying each time a bitcoin is sent from one addressed to another. They get to keep a miniscule fee from each one of the transactions. Those are the rewards for the time and energy it takes to do the math.

There is nothing backing the bitcoin like how gold used to back the dollar. It's purely worth what people are willing to pay for it. The current explosion in value is due to speculators/investors jumping on the bandwagon especially now that the Chinese have caught the Bitcoin fever. It's actual value is its strengths over traditional electronic methods of sending money.