Author

Topic: Spinning wasted cycles is necessary for bitcoin to be nimble objective currency (Read 2030 times)

member
Activity: 83
Merit: 10
Wanted!!!
DEV Cyclecoin
sr. member
Activity: 266
Merit: 250
lol cyclecoin did come out
member
Activity: 98
Merit: 10
If bitcoin were backed by
1) any commodity or
2) by performing a useful function,

the whole network would collapse the minute that
3) commodity or
4) useful function

were no longer desired.

Diskcoin, bandcoin, cyclecoin, and servcoin are coming and they will be anchored to commodities and work that may lose value at any time.

They will also be available for exchange in bitcoins.
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