Re: OECD Working Paper: "The Bitcoin Question" from David Nicol on 2014-09-08 (public-webpayments@w3.org from September 2014)

From: David Nicol <davidnicol@gmail.com>
Date: Mon, 8 Sep 2014 13:49:18 -0500
To: Timothy Holborn <timothy.holborn@gmail.com>
Cc: Melvin Carvalho <melvincarvalho@gmail.com>, Joseph Potvin <jpotvin@opman.ca>, Web Payments CG <public-webpayments@w3.org>
Message-ID: <CAFwScO_jdAAQWyO=qe0TiuGtL=wO+SNtSh35A0PPvXV3x=kXmA@mail.gmail.com>

> Although, IMO, Anything that makes it easier to democratise globalisation,
> is probably a good thing.

The point the FSM's noodly appendage has touched me to try and make
whenever the topic of bitcoin comes up is, it's a public ledger
system, like a registry of deeds, or small classifieds in the new york
times, and each new block is an entry in this public record. That, in
my opinion, is the monad, and any attempted explanation that focuses
on the implementation details will miss the oxygenation for the trees.

dln

Received on Monday, 8 September 2014 18:49:46 UTC