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maybe i should have posted this in the bitcoin thread but i feel like the topic in its entirety deserves its own. any other SHARKS on watmm? I made like 30 bucks on Ethereum today. whos trading/holding what? bitcoin? litecoin? kanyecoin? anyone have any theories or speculation on anything?
http://www.bitcoin.org/ so in the wake of the financial crisis, it seems nobody can trust bankers, financial institutions or governments who might actively inflate or deflate their own currencies for whatever reason. hearing of this, some japanese nerd called satoshi nakamoto set about designing an open source and completely anonymous peer-to-peer digital currency called 'bitcoin'. it's clearly still in its infancy and right now appears to just be an experimental economy of around 10,000 geeks trading bitcoin between each other for no real reason, but as the internet becomes more pervasive i don't see any reason why this can't become as big as paypal or even bigger. since i only have a rudimentary understanding of economics its difficult for me to tell you what the actual benefits of this would be were it to grow, but i know for a fact there's people on this forum (Bread probably) who would jizz over this. what interests me will be (if bitcoin takes off) if we will see the development of other digital financial instruments, loans, credit default swaps etc in summary: hurray for ingenuity and tenacity of nerds.
Black Hole, a new file sharing system that uses the Blockstack network for logins, file transfer/delivery and sharing: https://blackhole.run/ Free version is limited to 512MB max size uploads, but unlimited storage due to blockchain magicks.