(May 26, 2021 at 5:44 pm)Jackalope Wrote: LOL
No
Bitcoin is nothing but "spending computing power" to solve a puzzle.
The time your computer takes to solve the puzzle is called "mining".
Since it's so hard and needs huge amounts of computing power, "miners" join together in the solving process, and the revenue gets shared between them.
It's even a better system than "bloated real currency" since every miner has their own bank which is called "the blockchain".
But you need oil, gold, natural resources to harness resources to build computers.
so...
YES.