Bitcoin Explained

Day 5,463, 17:15 • Published in Canada Canada • by Thedillpickl






Hi kids!

From an observers point of view Bitcoin is easily explained. ₿ is unlike $, €, ¥ or £. No country supports Bitcoin saying "This is our currency, we stand behind it.". Kind of like your checking account. You put cash into the account and then write checks or make electronic transactions then people trust that there's actually money in the account when they try to collect. So imagine if you will...


Click to hear Rod Serling.


...a world in which the Bitcoin exists. A spiffy little way to save and make purchases. It walks like money, talks like money, even feels like money in an imaginary sense. The only catch? It's not real. It is imaginary.


The Plot Thickens

But wait! There's a twist. Bitcoin is not part of the human imagination. No, the simple human being accepts what he is told to accept. Everyone says it's real so it has to be, right? Man, as his crowning achievement, has designed machines known as Servers who think for us. They started out as cute little boxes that sat on the corner of your desk. They took dictation to be printed later, replaced the rolodex to keep contacts handy, a searchable calendar and, of course, to play solitaire. Then came the Ethernet. Along with the Ethernet beast came the master, Information Technology Manager.


IT Manager working.

Anyhow, the true brains behind everything our society works so hard to achieve is the almighty Server. Before you object, think of what happens 2 seconds after someone exclaims "THE SERVER WENT DOWN!!!".


Office workers discussing their lost reports.



Corporate Office view.

Yep, the good ol' Server is awfully important.


Take The Blue Pill

Dammit Neo... Ok, we'll proceed.

So Bitcoin is just something that exists on some server somewhere. Sure, lots of "work" has been done to make it appear real. Have you seen the advances made in graphics, holograms, artificial intelligence? Scary how real those appear. Today truly is a brand new day, full of infinite possibilities. Next thing you know we'll have robots trained to do many things to save much effort.


Click to hear music.

Welcome my son
Welcome to the machine
Where have you been?
It's alright we know where you've been
You've been in the pipeline
Filling in time
Provided with toys and scouting for boys
You brought a guitar to punish your ma
And you didn't like school
And you know you're nobody's fool
So welcome to the machine
Welcome my son
Welcome to the machine
What did you dream?
It's alright we told you what to dream
You dreamed of a big star
He played a mean guitar
He always ate in the Steak Bar
He loved to drive in his Jaguar
So welcome to the machine