BitCoins
I haven't posted in a while, but this is kind of awesome and I want to see some comments.
My mind is racing to try and figure out the effects such a system could have on world economy if it became widely used. But even if it doesn't, this is a really cool technical experiment.
http://www.youtube.com/watch?v=Um63OQz3bjo&feature=player_embedded
http://en.wikipedia.org/wiki/Bitcoin
http://www.eff.org/deeplinks/2011/01/bitcoin-step-toward-censorship-resistant
And now the technical details:
- http://www.youtube.com/watch?v=FTOhti7wxXk&NR=1 (after some anarchist anti-government propaganda)
- White paper: http://www.bitcoin.org/sites/default/files/bitcoin.pdf
This link is fun to watch if you have the time. It's a lengthy discussion of this technology on "This Week In Startups":
- http://thisweekin.com/thisweekin-startups/bitcoin-discussion-with-gavin-andresen-and-amir-taaki-on-this-week-in-startups-140/
Thoughts?
My mind is racing to try and figure out the effects such a system could have on world economy if it became widely used. But even if it doesn't, this is a really cool technical experiment.
http://www.youtube.com/watch?v=Um63OQz3bjo&feature=player_embedded
http://en.wikipedia.org/wiki/Bitcoin
http://www.eff.org/deeplinks/2011/01/bitcoin-step-toward-censorship-resistant
And now the technical details:
- http://www.youtube.com/watch?v=FTOhti7wxXk&NR=1 (after some anarchist anti-government propaganda)
- White paper: http://www.bitcoin.org/sites/default/files/bitcoin.pdf
This link is fun to watch if you have the time. It's a lengthy discussion of this technology on "This Week In Startups":
- http://thisweekin.com/thisweekin-startups/bitcoin-discussion-with-gavin-andresen-and-amir-taaki-on-this-week-in-startups-140/
Thoughts?