Does Bitcoin help technology improve?

[steamon]

At the moment we only use asics for bitcoin mining. But in the coming years will bitcoin benefit technology in a other way then only mining bitcoins? Thats me main question here. Cause companys building in masses lately. Will it bring new technology at a certain point or forces chip makers to go into better chips quicker to invent?

[vadoff]

I think the bitcoin protocol in itself is a technological innovation. There'll definitely be a host of new technologies that are built on top of that protocol.