Sunday, January 21, 2018

Blockchain's Key Feature


No authority:





It's a libertarian utopia... and really gaining in popularity and acceptance.

8 comments:

Tom Hickey said...

Bloomberg - Jan 18, 2018
Hackers Have Walked Off With About 14% of Big Digital Currencies
Olga Kharif

Noah Way said...

The NSA hacked Bitcoin a long time ago and their "tools" are used to track and steal it.

Matt Franko said...

Its just getting started Tom... much more progress than MMT in a lot shorter time...

Matt Franko said...

There may be some security features than can be improved I'm sure they are working on that...

And even then what is the difference to the Saudi former rich guy using the USD system now hanging upside down by his feet being beaten to tell them where all the munnie is?

He might rather take the hacking risk in retrospect...

Clint Ballinger said...

It's not going to take off Matt:
Of Bitcoins and Balance Sheets: The Real Lesson From Bitcoin

Clint Ballinger said...

The NSA laid out cryptocurrencies in 1996; maybe Noah is right :) http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
"How to make a mint"

Matt Franko said...

“It's not going to take off Matt: ”

It already has they are gaining wider acceptance for settlements every day...

Nature abhors a vacuum..

Clint Ballinger said...

It will crash for the reasons I laid out