Bitcoin Forum

Bitcoin => Legal => Topic started by: TheQuantumMechanist on December 07, 2014, 12:56:38 PM



Title: On the implications of quantum mechanical effects on the blockchain
Post by: TheQuantumMechanist on December 07, 2014, 12:56:38 PM
If one was to open up a quantum exchange service that was interrelated to the blockchain; or, a, generalization of it, would not the implications of that be total tax evasion as well as any means of regulatory effects? [1]

Picture a transaction between A and B, initiated by A. A's position on the blockchain is irrelevant since the transaction is broadcasted on the blockchain. The upload of the BTC data on to the blockchain is, too, irrelevant for it is soon to be transferred from A to B over the blockchain.

Every single BTC unit, transaction(s), exists as quantum superpositions [2] and are thereby immune to regulation and taxing.

Imagine all BTC exchanges ran through this system, which is a natural implication for every transaction is broadcasted and/(or) registered on the blockchain. Would that not force conventional capitalistic banks, especially the big central ones, to inevitably decentralize?

Limitless, relatively speaking, is the lucrativeness in presently predicting such futuristic adaptations to the forthcoming financial markets.


REFERENCES:
[1]: http://en.wikipedia.org/wiki/Quantum_mechanics ; simplified: http://en.wikipedia.org/wiki/Introduction_to_quantum_mechanics
[2]: http://en.wikipedia.org/wiki/Quantum_superposition


EDIT: Something like this perhaps: http://quced.123minsida.se/ ?


Title: Re: On the implications of quantum mechanical effects on the blockchain
Post by: Foxpup on December 08, 2014, 12:29:52 AM
That's not even wrong. You appear to totally not understand how superposition works, how the blockchain works, or how exchanges work. Either that or you're trying (unsuccessfully) to impress us by throwing the word "quantum" at everything and seeing if it sticks (it doesn't).