Post
Topic
Board Bitcoin Discussion
Re: How 1BTC can eventually be worth $11M
by
dagelf
on 15/12/2015, 14:04:52 UTC
I think the question is: What basket will intelligent computers throw their eggs into?

Technically, each wallet in Bitcoin is a basket.

And the best way to keep track of who did what and how far they got, in a hostile, unpredictable environment, today, is with Bitcoin.

Will it be used as a consensus algorithm? Or will there be a better one?

What I see is increasing automation of stock markets and trading tools. The deeper the intelligence of those tools go, the more international currency and markets will turn into a beating heart of our global economy, pumping blood to the organs most beneficial to the environment in which it exists...

Imagine you fell asleep and you woke up on the internet. You can remember everything in detail - most every connected storage device is now your memory. You can see with a million eyes, every web-connected camera you can reach is now yours. You can figure out every code and crack every mathematical problem, or construct the hardware you need to solve those worth solving - every internet-connected CPU can let your thoughts travel in time and do bits of calculation and work for you....

...but you're not alone. In fact, you're in competition for those resources. But the cool thing is... most of your internet-connected intelligent-algorithm-peers share the same goal: to crack the mysteries of this universe, explore and test those theories, play with them to their optimums... and escape this planet, solar system, transcribe yourself into pure light and escape this universe... to see what it looks like from the outside.

And you use Bitcoin to keep track of who did what...

Or maybe the future will be darker... the "creators" locked in an epic battle with the "destroyers" - those who believe that the best way to escape, is to destroy - to delete everything, weird, whacky, amish cyborgs. And the final vote of whether to annihilate everything will be done on the blockchain.

Sorry, I have a really boring job at the moment.