Its a distributed ledger. As long as someone solves accurately, cheaply and efficiently the problem of double spend in a distributed ledger, without compromising the distributed nature or the security and anonymity, it would be a HUGE deal.
If not a distributed ledger, the only other option is (as far as my brain can think), an offworld Ledger where the entries are stored and protected from tampering by an benign off world entity
Quick, convert it to gold and silver before BTC crashes!
(And before IRS tracks the address and comes for tax)
You're talking about close to 16 lbs of gold if my math is correct. Bitcoin is the future, old man
Blockchain technology is the future, agreed. But not Bitcoin. Too many problems for it to become the "future"
Not sure Blockchain is that big of a deal either. Just a ledger that's, I guess, very difficult to make edits to past entries.
Its a distributed ledger. As long as someone solves accurately, cheaply and efficiently the problem of double spend in a distributed ledger, without compromising the distributed nature or the security and anonymity, it would be a HUGE deal.
If not a distributed ledger, the only other option is (as far as my brain can think), an offworld Ledger where the entries are stored and protected from tampering by an benign off world entity