>>18062 >Nanon asks about Bitcoin
>f-fuck off mossad!
Okay. but seriously, how and why? You always say this in any thread, but you never explain how. Sure, OP could have easily searched all this up, but maybe he wants a Nanon`s input.
>>18063 His writing stile reeks of (((press commentator)))(((dark web investigator))) jewish skullduggery.
Also he asked how to do illegal shit. Classic glow nigger move.
>Can you introduce me to Bitcoin?
Bitcoin is an untrusted peer to peer database for storing UTXOs. A UTXO contains an amount of bitcoin and an address. A transaction takes any number of UTXOs as inputs and any number of UTXOs as outputs. The amount of bitcoin in the output must be less than or equal to the amount of bitcoins from the inputs. An address is a hash of a public key. When making a transaction you include your public key that hashes to that address and sign the contents of the transaction using your private key.
>How does one pay illegal things with it?
You just send a transaction with the specified output amount of bitcoins to a specified address. Then you need to write down the fair market value of the item and the current time as you will have to pay the capital gains tax (Assuming US)
>What is Bitcoin mining and is it safe?
Mining is the way the nodes of the network reach consensus on which block chain is the real one. The block chain with the most work is considered the real block chain. In order to prove you have done work to create a block you must create block whose hash is smaller that a target number. This target number is adjusted every two weeks in order to have a new block be created ~10 minutes. As a reward a miner gets to create a coinbase transaction which takes no inputs and has outputs totaling up to the mining reward + transaction fees. In a transaction the transaction fee is equal to the output bitcoins minus the input bitcoins.
While I do not like proof of work I consider bitcoin's mining to be safe.
How does one pay illegal things with it? Where to buy from and store in?
What is Bitcoin mining and is it safe ?