Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
cypherdoc
on 20/11/2014, 15:39:33 UTC
Nice Bloomberg panel of  guys who "get" that you can't be splitting the unit from  the Blockchain;

http://mobile.bloomberg.com/video/bitcoin-as-a-technology-bloomberg-panel-TnFJvX9~SOOgqr4UoiWRHw.html

Everyone here "gets" it.

This is absolutely not the argument we are having. These guys are referring to idiots and mainstream journalists who argue you can have the blockchain without the bitcoin.

When they say "you can't separate" the two, that's absolutely not in reference to sidechains or other similar schemes.

In fact, you can bet these guys are pretty excited about sidechains.

i doubt it.  we've already established these asset SC's will be speculative and therefore different ledgers.  no one quite gets that yet.  and they don't get that these distractions will deprecate Bitcoins primary function, that being the disruption of money. 

Blockstream won't even release a business plan outlining exactly how they plan to make money.  once they do, i think everything will become quite clear.