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Author Topic: Interplanetary trade  (Read 532 times)
enquirer (OP)
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May 26, 2013, 07:41:13 AM
 #1

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?
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May 26, 2013, 08:42:41 AM
 #2

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.
Anon136
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May 26, 2013, 08:45:31 AM
 #3

quantum entanglement allows for instantaneous communication over any distance.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
Ekaros
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May 26, 2013, 11:21:38 AM
 #4

What are you going to trade? Grin

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
http://firstbits.com/1qdiz
Feel free to help poor student!
enquirer (OP)
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May 26, 2013, 05:36:35 PM
 #5

Probably a hardware (Caucasius) coin can be sent to the remote location to seed the local bitcoin network.
BitcoinBarrel
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May 26, 2013, 06:05:14 PM
 #6

When you're pulling 1.21 gigawatts anything is possible



        ▄▄▄▄▄▄▄▄▄▄
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.
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Este Nuno
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May 26, 2013, 06:53:22 PM
 #7

Personally, I prefer to send my transactions via wormhole.

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May 26, 2013, 07:05:47 PM
 #8

We could just move 51% of the Scrypt hash power to Proxima Centauri, thus solving two problems at once.
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May 26, 2013, 07:16:06 PM
 #9

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

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