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Severian (OP)
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February 18, 2013, 07:40:16 AM |
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From reddit. I like #7. Bitcoin is: 1.) a currency 2.) a distributed and verifiable public ledger 3.) a payment processing network 4.) a triple-entry accounting system 5.) a store of wealth 6.) a cryptosig creation and verification device 7.) a personal offshore bank account If you can think of anything else that Bitcoin is, please add it.
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Mike Christ
aka snapsunny
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Activity: 1078
Merit: 1003
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February 18, 2013, 07:42:09 AM |
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a key to the cuffs
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Melbustus
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Activity: 1722
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February 18, 2013, 08:07:55 AM |
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8.) The first monetary system to credibly offer perfect information to all participants
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Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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Bit_Happy
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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February 18, 2013, 08:35:41 AM |
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An amazing, revolutionary, sustainable new type of Ponzi scheme.  |
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Lethn
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Activity: 1540
Merit: 1000
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February 18, 2013, 08:38:11 AM |
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9. The greatest form of peaceful protest ever devised
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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February 18, 2013, 08:43:39 AM |
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10. A color
11. An element
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╢██████ ▐▓█▄ ▄█▓▌ ███████
██████ ▐▓▓▓▓▌, ▄█▓▓▓▌ ██████─
▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌
▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─
²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩
▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀
²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`
²²²
███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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payb.tc
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February 18, 2013, 08:47:17 AM |
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12) a way of life
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Severian (OP)
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February 18, 2013, 08:54:31 AM |
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13.) a revolutionary means of storing and accessing dynamic information.
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Akka
Legendary
 Online
Activity: 1232
Merit: 1001
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February 18, 2013, 08:56:12 AM |
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14.) A Religion
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All previous versions of currency will no longer be supported as of this update
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Severian (OP)
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February 18, 2013, 09:51:39 AM |
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14.) A Religion
True, in an odd way. The word "religion" is thought to be derived from religare, meaning to bind fast. The root of the form also gave us "liege", "allegiance", etc. The Sanskrit word dharma means both "law" and "religion". What we call ancient religion in Asia, Egypt and elsewhere, the people of the time would have just called law. Everyone using bitcoins is agreeing to be bound by certain laws of mathematics. We're all economically bound to the same laws by using Bitcoin. Historically, whoever issues the money gets treated like a minor god. The Roman emperors and the various chairmen of the Federal Reserve prove the point. The first mints were temples and the word for "money" even comes from the temple of Juno Moneta, moneta being Latin for "mint". Bitcoin removes the temptation to godhood as there is no issuer. It might be the most revolutionary thing about the tech. Damn...sorry for the rant. |
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Endgame
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February 18, 2013, 10:51:10 AM |
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15.) A global distributed computing project.
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Killdozer
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February 18, 2013, 02:59:02 PM |
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The first monetary system to credibly offer perfect information to all participants How do you figure? |
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Saturn7
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February 18, 2013, 03:04:14 PM |
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The first monetary system to credibly offer perfect information to all participants How do you figure? Everybody has a copy of the blockchain? |
First there was Fire, then Electricity, and now Bitcoins  |
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Gabi
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If you want to walk on water, get out of the boat
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February 18, 2013, 03:26:08 PM |
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9. The greatest form of peaceful protest ever devised
I love this! |
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Severian (OP)
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February 18, 2013, 03:54:52 PM |
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9. The greatest form of peaceful protest ever devised
I love this! Me too. It could be also be seen as: 16.) The first consensual economic system |
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Littleshop
Legendary
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Activity: 1386
Merit: 1003
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February 18, 2013, 04:09:43 PM |
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17 ) The in game currency for the internet. (or just "the currency of the internet")
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Killdozer
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February 18, 2013, 04:39:27 PM |
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Everybody has a copy of the blockchain? So? You still don't know which accounts belong to whom, and sometimes you don't even know things like which part is the change and which is payment. Pretty far from "perfect information". |
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Vandroiy
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February 18, 2013, 04:39:40 PM |
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19.) The world's largest internet security experiment
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Severian (OP)
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February 18, 2013, 04:45:54 PM |
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So? You still don't know which accounts belong to whom, and sometimes you don't even know things like which part is the change and which is payment.
Pretty far from "perfect information".
But we all know whose coins are whose after the transaction. That's all the perfect information we need. |
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