Adam-West t1_j1qm43u wrote
Reply to comment by fredmull1973 in eli5 what exactly.is crypto? lf I'd never heard of it B4 or any thing to do crypto... explain it to me by junkieheroine
It’s basically a game. Let’s say I created a currency but I made a rule that you can only add a dollar to the pot if you scored a bullseye on a darts board. That’s all it really is. Except that the bullseye is the answer to an equation and the equation is created by a super high tech computer. It’s an arbitrary method of controlling how much money enters the economy
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