3 ms·

I find it fascinating that this invention is still not understood and when then only through layers of tech. BTC allows transactions in a network without a cent

I find it fascinating that this invention is still not understood and when then only through layers of tech. BTC allows transactions in a network without a central party. that is it. the real question is why we haven't seen any real major new use case, but for instance the new micropayment protocol points in that direction. I believe there is a sort of tail end of this development which will come much later. BTC is a kind of hackers utopia, because the whole economy could be reshaped with code.

oscargrouch 13y ago
> that is it. the real question is why we haven't seen any real major new use case Because its ahead of its time.. When we got the first cars, what kind of road did we have back than? Roads for horses and bandwagons.. Its the same with this centralized internet design.. and the ones that profit the most with this design, wont do any move to change things in that Did you see any Google product that its p2p? or Apple? or MS? why? an army of smart people and none of them could create new products thats are not proxyfied over their clouds, or make us dependent of them somehow? Its the same Office Package model, just that its one from the age of internet.. specially the ones that are "free"
- bachback 13y ago
  Interesting. At the same time it took Ford to build cars. But perhaps we will have new types of collectives instead of corporations. I think there could be new types of systems of laws. So Bitcoin in the end could become something like a protocol for software agents to act in the real world. Mike Hearn has spelled some parts of this out. It's a bit of a shame that Satoshi didn't write more, because these ideas were close to the original cloud of ideas.