If a crypto currency, such as Bitcoin, is a breakout step rather the final monetary step, what will in mean to Us - will it impact FunctionOfUs™?
Would it surprise you that Bitcoin may or may not be the crypto-currency for Us? Fact is, aspects of Bitcoin are a demonstration platform for ƒ(Us)™ in a technology not directly related to currency. Hashes and encryption play a role, perhaps the most robust role, in the advantage Bitcoin has over fiat currency.
t could have other uses as well - especially useful in protecting privacy, while retaining a Person's control over her/his identity in a decentralized open-source network.
[not a single point of attack, mesh network]
© 2013 Buzz Hill
http://www.bitcoinsecurity.org/category/bitcoin-2/ |
Would it surprise you that Bitcoin may or may not be the crypto-currency for Us? Fact is, aspects of Bitcoin are a demonstration platform for ƒ(Us)™ in a technology not directly related to currency. Hashes and encryption play a role, perhaps the most robust role, in the advantage Bitcoin has over fiat currency.
t could have other uses as well - especially useful in protecting privacy, while retaining a Person's control over her/his identity in a decentralized open-source network.
[not a single point of attack, mesh network]
© 2013 Buzz Hill
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