Thread: Bitcoin
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Old 05-22-2015, 10:26 PM  
kazbalah
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Join Date: Jun 2007
Posts: 1,215
Quote:
Originally Posted by danielpbarron View Post
Nothing that you described has anything to do with what is so revolutionary about bitcoin. It's a sound money and that's it. The whole "mass adoption in Africa" because cell phone app has nothing to do with bitcoin. Nobody is seriously running a full node on a phone. The same goes for your stupid video thing. It would be easier and less expensive to do anything other than cluttering up the block chain. That it appears to work now is a result of the fleeting subsidy afforded to early users due to blocks not being filled up, and at the expense of future full node maintainers. Enjoy it while it lasts, but don't base a business around it.
See my friend, this is my whole point. You keep calling it money, like its a money system.

Its a new peer 2 peer technology that allows mass groups of people to reach a consensus.

Many new systems can be built on top, money is only one tiny application. Think of a new internet, and all the possibilities that come with it.

That is what bitcoin is. A whole new technology platform.
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