Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
justusranvier
on 15/11/2014, 18:21:55 UTC

You and brg444 have made that abundantly clear.

JR's scenario:

 - how about we replace all money with sidechains!   -> fantasy world
 - Every restaurant in the world will create their own sidechain currency which they can mine via proof of cooking.  -> alt-coin

It has nothing to do with SC.

Yes, I was being sarcastic.

You brought up this idea of using "proof of protein folding" in some kind of convoluted SC scheme,and I was trying to illustrate why, instead inventing new blockchains, it might just be easier and more efficient to just pay people for what you want them to do directly.

You know, just like every other product and service in the economy,

Also, the last bit was a quote from here:

http://nakamotoinstitute.org/mempool/appcoins-are-snake-oil/