Post
Topic
Board Bitcoin Discussion
Re: Wow! This is kind-of an exciting way to look at bitcoin
by
JPage
on 30/03/2014, 04:10:59 UTC
TCP-IP for financial transactions - I love it.  But the protocol is presently very weak and disorganized with a bunch of loonies running the foundation.  I don't think the foundation in the present state is strong enough to protect and advance a protocol for something so important as money.  I think the foundation - rather than a technical defect will be the ultimate demise of bitcoin.  Now let's try to imagine what the second embodiment of 'the foundation' could be?  UN, US government?, Private company?, a new replacement foundation of better quality? Whatever it is, it will be forming itself pretty soon.