Bitcoin Forum
June 18, 2018, 11:37:00 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Spinning wasted cycles is necessary for bitcoin to be nimble objective currency  (Read 1921 times)
AntiVigilante
Member
**
Offline Offline

Activity: 98
Merit: 10



View Profile
May 27, 2011, 11:43:11 PM
 #1

If bitcoin were backed by
1) any commodity or
2) by performing a useful function,

the whole network would collapse the minute that
3) commodity or
4) useful function

were no longer desired.

Diskcoin, bandcoin, cyclecoin, and servcoin are coming and they will be anchored to commodities and work that may lose value at any time.

They will also be available for exchange in bitcoins.

Proposal: http://forum.bitcoin.org/index.php?topic=11541.msg162881#msg162881
Inception: https://github.com/bitcoin/bitcoin/issues/296
Goal: http://forum.bitcoin.org/index.php?topic=12536.0
Means: Code, donations, and brutal criticism. I've got a thick skin. 1Gc3xCHAzwvTDnyMW3evBBr5qNRDN3DRpq
1529365020
Hero Member
*
Offline Offline

Posts: 1529365020

View Profile Personal Message (Offline)

Ignore
1529365020
Reply with quote  #2

1529365020
Report to moderator
1529365020
Hero Member
*
Offline Offline

Posts: 1529365020

View Profile Personal Message (Offline)

Ignore
1529365020
Reply with quote  #2

1529365020
Report to moderator
The World's Betting Exchange

Bet with play money. Win real Bitcoin. 5BTC Prize Fund for World Cup 2018.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
coinnewbit
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250



View Profile
March 02, 2014, 09:22:07 AM
 #2

lol cyclecoin did come out
kamaevoleg
Member
**
Offline Offline

Activity: 83
Merit: 10


View Profile
March 05, 2014, 04:09:07 AM
 #3

Wanted!!!
DEV Cyclecoin

★ ★ ★ ★ ★   DeepOnion  ✔  Anonymous and Untraceable Cryptocurrency  ✔  TOR INTEGRATED & SECURED   ★ ★ ★ ★ ★
› › › › ›  JOIN THE NEW AIRDROP ✈️    ★    ✔ VERIFIED WITH DEEPVAULT  ‹ ‹ ‹ ‹ ‹
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬   ANN  WHITEPAPER  FACEBOOK  TWITTER  YOUTUBE  FORUM   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!