I primarily viewed Bitcoin as a digital currency for speculators - TopicsExpress



          

I primarily viewed Bitcoin as a digital currency for speculators with high risk tolerance to buy and sell in hopes of turning a profit. (...) This is an incredibly narrow view on Bitcoin, I now realize, but its unfortunately the prevailing public view. The majority of the discussion and media attention around Bitcoin today is around its use as a currency. That is certainly one application for Bitcoin. However it is first and foremost a protocol—a solution to the Byzantine Generals problem that researchers have worked on for over 30 years.
Posted on: Fri, 14 Mar 2014 14:36:34 +0000

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