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The fascinating thing about this idea is that you'd get an actual commodity money. Solving useful problems like protein folding is something people pay for, it
by throwaway_yy2Di 13y ago
The fascinating thing about this idea is that you'd get an actual commodity money. Solving useful problems like protein folding is something people pay for, it has intrinsic value. This would be utterly unlikely Bitcoin.
https://en.wikipedia.org/wiki/Commodity_money https://en.wikipedia.org/wiki/Commodity_money
- lukifer 13y agoIn some sense, we have this already in the form of DataCoin and NameCoin, backed by data storage and domain resolution respectively.