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Re: Crypto-Cornucopia Part 5 - "We'll Be Lucky To Survive On Our Own" 

By: Decomposed in POPE IV | Recommend this post (1)
Mon, 11 Dec 17 11:28 AM | 47 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 39978 of 47202
(This msg. is a reply to 39970 by Zimbler0)
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Zimbler0: 

re: "Does this mean I could store my BitCoins on my
hard drive . . . create a duplicate copy of
my hard drive . . . then sell them twice?"

No. First, if that were the case, someone would have done it by now. Second, bitcoins are, in essence, digital signatures that validate their legitimacy when they're exchanged. When transactions take places, the block chain gets updated and an old copy is no longer valid. 




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months

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The above is a reply to the following message:
Re: Crypto-Cornucopia Part 5 - "We'll Be Lucky To Survive On Our Own"
By: Zimbler0 in POPE IV
Mon, 11 Dec 17 9:33 AM 		Msg. 39970 of 47202

>>
If held at home, you could have a hard drive fail and lose your passwords.
>>

Hmmm. . . .
Does this mean I could store my BitCoins on my
hard drive . . . create a duplicate copy of
my hard drive . . . then sell them twice?
(Once from my original hard drive then a second
time from the duplicate.)

;-)

Zim.

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