this post was submitted on 30 Dec 2024
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I vividly remember... I was in the office and one of my coworkers comes up to me with a shit eating grin on his face - like he had something he wanted to share...
He said, "Have you ever heard of Bitcoin?" I said, "No..." He explained (sort of) what he thought it was, but sounded more like an investment opportunity (blah blah blah) less than 10 cents per... I didn't bite.
Lets just say this didn't age well for me, lmao.
When I first read about Bitcoins, my takeaway was it was some kind of credits you could earn by using your unused use CPU cycles, but it wasn't a sure thing, it's a lottery, you have a chance to earn a credit (a "coin") every few minutes, as long as you keep donating your CPU cycles. (This was before gpu mining was a thing). I tried it, and after 3 days I had earned 3 coins, but then I looked into the value, and they were only worth about 10c each. That's less than the electricity it took to earn them. And you couldn't spend them anywhere, except that one pizza place, where it cost a few thousand coins for a pizza. There weren't even any exchanges to convert them to real currency if you wanted to.
I tried to find my coins years later, (when Bitcoins got to USD $2000 each), but I couldn't find the old hard drive the wallet was on.
I had a very similar experience. Read about it. Mined a couple coins just to try it. Said "Well that'll never go anywhere". I think i still had them years later but by the time i remembered i couldn't find where the wallet ended to. I think it's gone, now.