That reddit write up gave me chills
Me as well
Maybe not directly but indirectly. From the article:
Voss presented a clear roadmap for Nasdaq's development, adding candidly that the company is not "married" to the bitcoin blockchain, but is rather "ledger agnostic" in its approach, believing bitcoin remains the best ledger system for its current needs.
My poor English understand the way mentioned by me this phrase. If not you tell me. Maybe I made fact this thing and this one my be one of my usually errors. But my meaning is that when they will implement the blockchain will implement the bitcoin blockchain being it the best for their needs. For most. he mentiont "current needs". So the implementation will be soon.
I think they will use the bitcoin blockchain, but they don't want to say it directly.
Who told that being regulated it will be centralized. Bitcoin is spread in all the wolrd and no one can control it except its technology. But we must discuss about the meaning of the word "decentralization", I think. According to this source:
http://www.thefreedictionary.com/decentralized:
de·cen·tral·ize (dē-sĕn′trə-līz′)
v. de·cen·tral·ized, de·cen·tral·iz·ing, de·cen·tral·iz·es
v.tr.
1. To distribute the administrative functions or powers of (a central authority) among several local authorities.
2.
a. To bring about the redistribution of (an urban population and industry) to suburban areas.
b. To cause to withdraw or disperse from a center of concentration: decentralize a university complex; decentralize a museum.
v.intr.
To undergo redistribution or dispersal away from a central location or authority.
In few words the decentralization is the distribution of power but under the Authorities.
Then in any of the word mentioned in this dictionary I don't see risk of centralization for bitcoin if it will be regulated by every single country. Every country will have its rules (which probably will be different and no one of this country will have the power to control bitcoin in the other countries.
Maybe in the future may be one centralization but this time is very remote, very, very remote.
I'm waiting your meaning about the word "decentralization."
I agree with you, I just mixed up between decentralized and regulated.
I agree as well with the point of no single entity would be able to centralize bitcoin.
Another University. As a former professor these are the best news I can read about bitcoin. If bitcoin will "explode" at the universities and other kind of schools this will accelerate in an incredible way the day of its known and regulation from the authorities.
Plus, we are showing the world that we are not a "scam"/"ponzi" or any other useless definitions of bitcoin as well as in a decade or so from now, the coming generations will be able and "want" to use such an amazing technology and currency like "bitcoin".
The regulation of bitcoin from community is a beauty wonder but will remain such. In which way can be possible? Then why the community has created and elected their institutions? Is the community is able to handle and realize such specialized things? What is the need of those if this kind of things (authorities) if their duty must be made by their creators and electors?
I didn't read the article to be honest, but what I feel that the author want to say that we are united for the our benefit, don't forget that we will only win if we are one hand and united.
First I have my doubts about the existence of an economy without cash. It's right that the amount of cash is always in diminution but this are happen only in the developed countries. But how is their number compared to the other non developed economies of the world which are totally cash-dependent? I think very few.
Second glory to bitcoin. The replacement of the common currencies by it is our common desire. But I have again my doubts about the possibility that bitcoin replace the currencies of all the world. It is impossible to be national currency a currency that is not owned by this country. And bitcoin it will be never owned by no one country. So it is true that bitcoin based economy is almost perfect and better than the cashless system used today but I think that the solution is another. Every country create its bitcoin clone based currency and use it as a currency. And
bitcoin be the currency of currencies. For this read more this thread (if wanted):
https://bitcointalk.org/index.php?topic=1191118.0. Every comment about it is welcomed.
Fakhoury my bro, I want your thoughts about my ideas in this thread. You will help me to find my errors (as you do always
and may give me other precious ideas about it.
I like your idea my brother, n2004al.
I'm thinking about your idea from another perspective and I will post in your thread now
Don't worry dear, I will continue to chase your errors
