Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
Adrian-x
on 05/11/2014, 22:55:26 UTC

In your opinion is BTC the currency separate from Bitcoin the Blockchain?

if not, do you want it to be?

Bitcoin the currency will never leave Bitcoin the Blockchain, even with sidechains.  Sidechains just gives you more potential uses for your Bitcoins.... locking them gains you tokens that have added functionality.

So you agree with Austin Hill then that BTC the currency is separate from the value in the blockchain? (you can secure your Private Key in a SC move the value across, and later unlock your private key)

how do you incentivise miners to secure the Bitcoin blockchain if they get there revenue from a MM SC, when the value moves off the Bitcoin Blockchain.