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Bitcoin... a monetary system that requires internet connectivity and CPU usage... in which every transaction is recorded forever and the database is replicated
by ErsatzVerkehr 13y ago
Bitcoin... a monetary system that requires internet connectivity and CPU usage... in which every transaction is recorded forever and the database is replicated by all participants... is "off the grid"?
- milesokeefe 13y agoIt's the closest you can get to off the grid.
- vhf 13y agoNope. Zerocoin is. (Disclaimer : I'm a fervent Bitcoin supporter, I like its pseudonymous property and discard any anonymat claims. I've never used zerocoin because I don't have any use for it.)
- throwaway2048 13y agozerocoin is only a proposal at this time.
- tlrobinson 13y agoYou've never used ZeroCoin because an implementation of it doesn't exist yet... But libzerocoin is coming tomorrow: https://mobile.twitter.com/ZerocoinProject/status/352136561397215232 https://mobile.twitter.com/ZerocoinProject/status/3521365613...
- JumpCrisscross 13y agoCash? Gold? Cocaine? The way the actual "off-the-grid" economy works?