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Title: Interplanetary trade Post by: enquirer on May 26, 2013, 07:41:13 AM My friends at the Trade Federation expressed a concern.
Assuming Bitcoin network is Earth-based, confirmation of a transaction conducted at a nearest star (Proxima Centauri) will take 8.44 years, whereas gold or US Dollar can be exchanged instantly at any location. How can we overcome that limitation? Luke? Title: Re: Interplanetary trade Post by: Phinnaeus Gage on May 26, 2013, 08:42:41 AM My friends at the Trade Federation expressed a concern. Assuming Bitcoin network is Earth-based, confirmation of a transaction conducted at a nearest star (Proxima Centauri) will take 8.44 years, whereas gold or US Dollar can be exchanged instantly at any location. How can we overcome that limitation? Luke? Stamp the worthless gold with a Bitcoin address and send. When the message is received instantly, the recipient can throw away the gold. Same true with the useless dollar, but instead of tossing it, burn it to generate heat since bitcoin miners now run close to absolute zero. Title: Re: Interplanetary trade Post by: Anon136 on May 26, 2013, 08:45:31 AM quantum entanglement allows for instantaneous communication over any distance.
Title: Re: Interplanetary trade Post by: Ekaros on May 26, 2013, 11:21:38 AM What are you going to trade? ;D
Title: Re: Interplanetary trade Post by: enquirer on May 26, 2013, 05:36:35 PM Probably a hardware (Caucasius) coin can be sent to the remote location to seed the local bitcoin network.
Title: Re: Interplanetary trade Post by: BitcoinBarrel on May 26, 2013, 06:05:14 PM When you're pulling 1.21 gigawatts anything is possible
Title: Re: Interplanetary trade Post by: Este Nuno on May 26, 2013, 06:53:22 PM Personally, I prefer to send my transactions via wormhole.
Title: Re: Interplanetary trade Post by: Explodicle on May 26, 2013, 07:05:47 PM We could just move 51% of the Scrypt hash power to Proxima Centauri, thus solving two problems at once.
Title: Re: Interplanetary trade Post by: dwdoc on May 26, 2013, 07:16:06 PM I think the Cryonik Miner solves that problem with liquid nitrogen or liquid helium or lightstrips or some
such bull#%*^ https://bitcointalk.org/index.php?topic=214526.62 |