His is saying that because all transactions are recorded in the block chain, the currency is not really anonymous, and can't live up to its claim of being a "cryptocurrency". That' all.
...which of course misses the point completely, as the purpose (and indeed, the very definition) of cryptocurrency is that transactions can be cryptographically verified by anyone, eliminating the need to rely on trusted third parties to verify transactions. Anonymity or traceability has absolutely nothing to do with whether something is a cryptocurrency or not. 
Topic: Is bitcoin only a hologram of a cryptocurrency? Huh? (Read 813 times)
His is saying that because all transactions are recorded in the block chain, the currency is not really anonymous, and can't live up to its claim of being a "cryptocurrency". That' all.
http://www.youtube.com/watch?v=WPYY1kxQ9Wg&feature=g-all-u
I'm not sure what this guy is talking about? How could bitcoin only be a hologram of a cryptocurrency? How is that possible?
Either way this is an informative bitcoin video.
I'm not sure what this guy is talking about? How could bitcoin only be a hologram of a cryptocurrency? How is that possible?
Either way this is an informative bitcoin video.
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