What kind of advancements has bitcoin created?

RealBitcoin

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Quote from: Ravion on June 26, 2016, 05:13:14 PM

It said that the technology and innovations that created bitcoin is revolutionary, and that these will create great advancements in the fields of distributed computing, economics and econometrics. Are there any such advancements that have been created by these innovations, so far?

It totally debunks keynesianism and other irrational beliefs.

The inflation is good myth...

Supply side economics...

Centrally planned economy...

Fiat money....

All of them are donkey crap theories, and bitcoin will demonstrate them to be false.

etparle

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Quote from: Swagtoshi on June 26, 2016, 08:04:50 PM

relatively cheap transactions, no need to have a banker, ability to send money anonymously.

This is probably one of the bigger things in my opinion. Really opens up the doors to people who didn't have easy access to banking and would've had to page huge fees.

Testing Crypto

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The idea that software can be better, outdated software (entire online, from Operating Systems & everything down to the smallest devices) becomes a problem after it can't keep up with the hardware (or vise versa). Money & banks are only a very small portion, that would be thy thought.

Swagtoshi

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relatively cheap transactions, no need to have a banker, ability to send money anonymously.

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Quote from: Ravion on June 26, 2016, 05:13:14 PM

It said that the technology and innovations that created bitcoin is revolutionary, and that these will create great advancements in the fields of distributed computing, economics and econometrics. Are there any such advancements that have been created by these innovations, so far?

To start, and most obviously, a distributed cryptographically-secured ledger based on a chain of blocks, each having a hash validating a reference to the previous block, and a certain associated amount of cryptographic work.

Ravion

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It said that the technology and innovations that created bitcoin is revolutionary, and that these will create great advancements in the fields of distributed computing, economics and econometrics. Are there any such advancements that have been created by these innovations, so far?

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