Bitcoin Forum
April 25, 2024, 01:48:40 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: On the implications of quantum mechanical effects on the blockchain  (Read 1465 times)
TheQuantumMechanist (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
December 07, 2014, 12:56:38 PM
 #1

If one was to open up a quantum exchange service that was interrelated to the blockchain; or, a, generalization of it, would not the implications of that be total tax evasion as well as any means of regulatory effects? [1]

Picture a transaction between A and B, initiated by A. A's position on the blockchain is irrelevant since the transaction is broadcasted on the blockchain. The upload of the BTC data on to the blockchain is, too, irrelevant for it is soon to be transferred from A to B over the blockchain.

Every single BTC unit, transaction(s), exists as quantum superpositions [2] and are thereby immune to regulation and taxing.

Imagine all BTC exchanges ran through this system, which is a natural implication for every transaction is broadcasted and/(or) registered on the blockchain. Would that not force conventional capitalistic banks, especially the big central ones, to inevitably decentralize?

Limitless, relatively speaking, is the lucrativeness in presently predicting such futuristic adaptations to the forthcoming financial markets.


REFERENCES:
[1]: http://en.wikipedia.org/wiki/Quantum_mechanics ; simplified: http://en.wikipedia.org/wiki/Introduction_to_quantum_mechanics
[2]: http://en.wikipedia.org/wiki/Quantum_superposition


EDIT: Something like this perhaps: http://quced.123minsida.se/ ?
1714009721
Hero Member
*
Offline Offline

Posts: 1714009721

View Profile Personal Message (Offline)

Ignore
1714009721
Reply with quote  #2

1714009721
Report to moderator
1714009721
Hero Member
*
Offline Offline

Posts: 1714009721

View Profile Personal Message (Offline)

Ignore
1714009721
Reply with quote  #2

1714009721
Report to moderator
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714009721
Hero Member
*
Offline Offline

Posts: 1714009721

View Profile Personal Message (Offline)

Ignore
1714009721
Reply with quote  #2

1714009721
Report to moderator
1714009721
Hero Member
*
Offline Offline

Posts: 1714009721

View Profile Personal Message (Offline)

Ignore
1714009721
Reply with quote  #2

1714009721
Report to moderator
1714009721
Hero Member
*
Offline Offline

Posts: 1714009721

View Profile Personal Message (Offline)

Ignore
1714009721
Reply with quote  #2

1714009721
Report to moderator
Foxpup
Legendary
*
Online Online

Activity: 4340
Merit: 3042


Vile Vixen and Miss Bitcointalk 2021-2023


View Profile
December 08, 2014, 12:29:52 AM
 #2

That's not even wrong. You appear to totally not understand how superposition works, how the blockchain works, or how exchanges work. Either that or you're trying (unsuccessfully) to impress us by throwing the word "quantum" at everything and seeing if it sticks (it doesn't).

Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4
I am not on the scammers' paradise known as Telegram! Do not believe anyone claiming to be me off-forum without a signed message from the above address! Accept no excuses and make no exceptions!
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!