Author

Topic: Bitcoin and the Autonomous Robot Economy (vid) (Read 353 times)

legendary
Activity: 2506
Merit: 1125
August 03, 2015, 01:29:18 PM
#3
If a robot owns Bitcoins then people might start attacking them to steal their Bitcoins. Exchanges get hacked despite their efforts to protect themselves, and if robots have Bitcoins they are likely to get both physically attacked and hacked. If your washing machine robot owns Bitcoins in the future then you might return home to find the burglars have dismantled and hacked it for those Bitcoins.
Everything will be created with its security, so we can avoid this risks. Maybe that robot be equipped with a tool to its self defense, like weapon. Actually the inventors surely have thought all risks that can be happened to their creations.
legendary
Activity: 929
Merit: 1000
If a robot owns Bitcoins then people might start attacking them to steal their Bitcoins. Exchanges get hacked despite their efforts to protect themselves, and if robots have Bitcoins they are likely to get both physically attacked and hacked. If your washing machine robot owns Bitcoins in the future then you might return home to find the burglars have dismantled and hacked it for those Bitcoins.
legendary
Activity: 868
Merit: 1006
https://www.youtube.com/watch?v=61km5RwxQdw

Nice short video on the future applications of Bitcoin along with automation of the machines. Really mind blowing stuff. History changed in 2008 when Bitcoin was released. Programmable money will have an endless stream of unpredictable applications that we don't even know yet. Feels good owning a couple of entire units of the most important network ever.
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