[2014-12-30] The next chapter in the Bitcoin story

Skeksis

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Quote from: zakoliverz on December 30, 2014, 03:14:11 AM

http://fortune.com/2014/12/29/the-next-chapter-in-the-bitcoin-story/

The block chain allows for any exchange of value between two entities without a middleman. Transactions of all kinds are possible. You can use the block chain to store documents securely. Onename, a startup, is working on a social network that uses the block chain to validate identity. (Sorry, Facebook.) And then there’s the Internet of things. “Every time you’re running low on printer ink, it could notify the block chain and send you more,” theorizes Ryan Selkis of the Digital Currency Group.

We all know the many benefits of bitcoin and the blockchain but I want to know when the rest of the world is going to realize it. People really need to start taking advantage of it and the money it will save them.

LiteCoinGuy

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In Satoshi I Trust

Quote from: Silly Money on January 01, 2015, 12:20:52 PM

Quote from: zakoliverz on December 30, 2014, 03:14:11 AM

http://fortune.com/2014/12/29/the-next-chapter-in-the-bitcoin-story/

The block chain allows for any exchange of value between two entities without a middleman. Transactions of all kinds are possible. You can use the block chain to store documents securely. Onename, a startup, is working on a social network that uses the block chain to validate identity. (Sorry, Facebook.) And then there’s the Internet of things. “Every time you’re running low on printer ink, it could notify the block chain and send you more,” theorizes Ryan Selkis of the Digital Currency Group.

[/b]

What the hell? How does this work. I keep hearing about all the extra things you can do on top of the blockchain but don;t understand how it will work or is possible Sad

.

https://www.youtube.com/watch?v=4nOfHpOFhN8

XCoinCall

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Quote from: LOBSTER on January 01, 2015, 04:28:48 PM

Quote from: Chef Ramsay on January 01, 2015, 01:59:56 PM

Yeah, could be like an automated record keeping operation that puts shipping/receiving on auto-pilot thus cutting out the logistics departments at certain places.

That would fire up our economic growth!

You know, this could go hand in hand with drone delivery. You could pay when the package is delivered.

LOBSTER

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Quote from: Chef Ramsay on January 01, 2015, 01:59:56 PM

Yeah, could be like an automated record keeping operation that puts shipping/receiving on auto-pilot thus cutting out the logistics departments at certain places.

That would fire up our economic growth!

aigeezer

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Cryptanalyst castrated by his government, 1952

Remember when you got your first 'puter and you made a dead-tree copy of everything, "just in case"?

Printers that use ink, even - very retro! Tongue

My guess is that particular use of the blockchain isn't going far, but of course it was just an off-the-cuff example and the idea generalizes nicely.

Chef Ramsay

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Yeah, could be like an automated record keeping operation that puts shipping/receiving on auto-pilot thus cutting out the logistics departments at certain places.

LOBSTER

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Quote from: Silly Money on January 01, 2015, 12:20:52 PM

Quote from: zakoliverz on December 30, 2014, 03:14:11 AM

http://fortune.com/2014/12/29/the-next-chapter-in-the-bitcoin-story/

The block chain allows for any exchange of value between two entities without a middleman. Transactions of all kinds are possible. You can use the block chain to store documents securely. Onename, a startup, is working on a social network that uses the block chain to validate identity. (Sorry, Facebook.) And then there’s the Internet of things. “Every time you’re running low on printer ink, it could notify the block chain and send you more,” theorizes Ryan Selkis of the Digital Currency Group.

[/b]

What the hell? How does this work. I keep hearing about all the extra things you can do on top of the blockchain but don;t understand how it will work or is possible Sad

.

Your printer is connected with the Blockchain and a printer ink distributor can detect this and will send you new ink Cheesy

Silly Money

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Quote from: zakoliverz on December 30, 2014, 03:14:11 AM

http://fortune.com/2014/12/29/the-next-chapter-in-the-bitcoin-story/

The block chain allows for any exchange of value between two entities without a middleman. Transactions of all kinds are possible. You can use the block chain to store documents securely. Onename, a startup, is working on a social network that uses the block chain to validate identity. (Sorry, Facebook.) And then there’s the Internet of things. “Every time you’re running low on printer ink, it could notify the block chain and send you more,” theorizes Ryan Selkis of the Digital Currency Group.

[/b]

What the hell? How does this work. I keep hearing about all the extra things you can do on top of the blockchain but don;t understand how it will work or is possible Sad

.

LOBSTER

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Quote from: Zawamiya on December 31, 2014, 03:38:14 PM

i think we will see more startups coming in january as may be they were waiting for new year to launch their startup or release info about this to public in a new year
we can see many more companies to adopt bitcoin as a payment method in 2015

I hope it

It would be great for the Bitcoin. There must be more user friendly services / exchanges.

voephilis

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Quote from: Zawamiya on December 31, 2014, 03:38:14 PM

i think we will see more startups coming in january as may be they were waiting for new year to launch their startup or release info about this to public in a new year
we can see many more companies to adopt bitcoin as a payment method in 2015

think so too. more VC will come as bitcoin gets mainstream. after that we will see new apps, businesses etc

Zawamiya

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i think we will see more startups coming in january as may be they were waiting for new year to launch their startup or release info about this to public in a new year
we can see many more companies to adopt bitcoin as a payment method in 2015

XCoinCall

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Yeah, true. Well, as Bitcoin companies keep investing in PR, we might see more and more mainstream coverage. That's going to be interesting. The question is: "How will mainstream Bitcoin look like?".

voephilis

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IMO mainstream press is still quite negative, but the small newspages are positive. they saw that mentioning Mt Gox all over the year has to end after almost a year Cheesy

XCoinCall

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So, the good press keeps coming? Awesome

zakoliverz

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http://fortune.com/2014/12/29/the-next-chapter-in-the-bitcoin-story/

The block chain allows for any exchange of value between two entities without a middleman. Transactions of all kinds are possible. You can use the block chain to store documents securely. Onename, a startup, is working on a social network that uses the block chain to validate identity. (Sorry, Facebook.) And then there’s the Internet of things. “Every time you’re running low on printer ink, it could notify the block chain and send you more,” theorizes Ryan Selkis of the Digital Currency Group.

Topic: [2014-12-30] The next chapter in the Bitcoin story (Read 1751 times)