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Author Topic: Spinning wasted cycles is necessary for bitcoin to be nimble objective currency  (Read 2012 times)
AntiVigilante (OP)
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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
coinnewbit
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March 02, 2014, 09:22:07 AM
 #2

lol cyclecoin did come out
kamaevoleg
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March 05, 2014, 04:09:07 AM
 #3

Wanted!!!
DEV Cyclecoin

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