Im gonna put my ignorance and old-manitude on full display here, but... I don't get bitcoin. I haven't really done any research on it, but I guess my biggest question is, how is it worth anything? It doesn't exist. I know it's like regular paper money, people assign a value to a piece of paper, or metal, and trade goods for that. I get that, but someone just came up with "electronic pennies" one day, and now one E-Penny is worth 26 grand?
Wouldn't that be the definition of inflation?
Sorry if I sound dumb, but when I first heard of bitcoin, it was already worth way too much to buy one. That's another thing, how tf do you buy what is essentially an email.