this post was submitted on 18 Mar 2025
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But what you said there is literally the end of my understanding of what crypto is. It has something to do with computers solving math problems, and somehow that’s worth money.
What?
the problem with crypto is that when you try to explain it, it sounds so stupid that someone else thinks you have to be explaining it wrong
but if you want explanation, this one is fine https://ic.unicamp.br/~stolfi/bitcoin/2020-12-31-bitcoin-ponzi.html and this https://www.ic.unicamp.br/~stolfi/bitcoin/2021-01-16-yes-ponzi.html
These are great, but they don’t explain what a crypto coin actually is.
If your interested in learning more about the math behind Bitcoin and how it functions at a lower level I'd recommend reading the original white paper for it