2013-11-20 New Scientist: Bitcoin-moves-beyond-mere-money

[spndr7]

Bitcoin moves beyond mere money

Bitcoin is money – people can use it to buy anything from pizza to plastic surgery. The meteoric rise of the online currency has caused everyone from financial regulators to law enforcement to the US Senate to stand up and take notice. But a growing group of computer scientists think this is just the beginning. They are convinced that Bitcoin's real value is not in providing the world with a currency free from government intervention, but in the technology which underpins it, a secure system of verifying transactions that they believe has the potential to vastly disrupt the way we exchange goods and services around the world.

[Cunningham]

Very interesting article from the New Scientist!
They suggest a very interesting future for the bitcoin blockchain.

[Carlton Banks]

A million over-important parasitic bottom-feeders should start to howl in agony once this trend gets into it's stride.

Bitcoin is that black monolith in 2001: A Space Odyssey, it is the Truth and it is the Light  

[420]

we've done it'; we're finally money

[solex]

we've done it'; we're finally money

The lesson here is that real scientists understand Bitcoin and its blockchain far better than faux scientists (economists) will ever do.

[spndr7]

we've done it'; we're finally money

The lesson here is that real scientists understand Bitcoin and its blockchain far better than faux scientists (economists) will ever do.

Absolutely agreed

[kwest]

we've done it'; we're finally money

The lesson here is that real scientists understand Bitcoin and its blockchain far better than faux scientists (economists) will ever do.

If bitcoin manages to get more money into the hands of great scientists, I'll be really happy.

[cr1776]

If all the economists were laid end to end, they'd never reach a conclusion.

George Bernard Shaw

we've done it'; we're finally money

The lesson here is that real scientists understand Bitcoin and its blockchain far better than faux scientists (economists) will ever do.

[TraderTimm]

I'd love to have a job as an economist. I could pull numbers out of my ass and be wrong for my entire career - all the while racking up some impressive $100K+ annual income.

The only thing more useless than a economist is a politician.

[cr1776]

Every week the economic statistics come out and whatever they say it is "unexpectedly" <something>.  If anyone else had that record of inaccuracy they'd be laughed out of their field.

I'd love to have a job as an economist. I could pull numbers out of my ass and be wrong for my entire career - all the while racking up some impressive $100K+ annual income.

The only thing more useless than a economist is a politician.