Could someone link me to a good primer on bitcoin, please. I can’t grok what they are trying to accomplish, because when I want to buy something, cash, check and credit cards work quite nicely. I understand paypal, but what is the point of bitcoin? And I definitively do not get the whole bitcoin mining, as if you can just make something out of nothing. Sounds like phlogiston.
And then when the Winklevi got involved, I just rolled my eyes and paid no attention to the whole mess, because it was clear if those two idiots were in it, the whole thing was going to end up a steaming mess.