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Interized (OP)
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January 04, 2014, 06:32:43 AM
 #1

Bitcoin has endless "marks" (recorded information) that connects in every direction allowing the public eye to exploit anyone who attempts to use Bitcoin for what they believe is the wrong reasons for the global economy currency system.

It is for this reason Bitcoin will take over many markets replacing endless amounts of useless repetitive jobs today.

We now place our trust in computing along with what ever energy supply we can use that supports Bitcoin.

Perhaps the energy consumption will destroy Bitcoin?

Perhaps we keep discovering better ways to gather energy?'

Will the sun one day be bought by greater forces?

How much energy can we keep feeding this currency system?

If we would have to exit, could we take Bitcoin with us but in another future form that we could not even begin to imagine?

I think so.

Bitcoin lives on forever.

Gold isn't the answer.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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January 04, 2014, 06:40:24 AM
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Bitcoin uses a less than .01% of the energy used by banks and payment processors and the people and systems they employ.

This has been discussed numerous times. Its a massive gain in energy efficiency, not a loss. Reconsider all your assumptions.

And use the search function first. This has been discussed to death here.
Interized (OP)
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January 04, 2014, 06:41:11 AM
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Bitcoin uses a less than .01% of the energy used by banks and payment processors and the people and systems they employ.

This has been discussed numerous times. Its a massive gain in energy efficiency, not a loss. Reconsider all your assumptions.

And use the search function first. This has been discussed to death here.

What are you talking about?

You state nothing new and I don't disagree with what you just said.

Quote
It is for this reason Bitcoin will take over many markets replacing endless amounts of useless repetitive jobs today.

Gold isn't the answer.
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