anyone care to speculate on how crypto-contracts will change blockchain technology? whatever affect bitcoin-style currencies have on finance, it seems that crypto-contracts will have the same affect on industry.
Rob has sent out a bunch of links about it. this stuff still has my head spinning: https://www.ethereum.org/ Bz On Wed, Mar 18, 2015 at 9:01 PM, Pall Thayer <pallt...@gmail.com> wrote: > I'm not the sort of person to take a gamble on anything related to finances > but now that I live and work in Westchester county, NY and Greenwich, CT > (where most of the high-ranked Manhattan bankers and investors live) this > strangely evolving world of finance has injected itself into my personal > space. Almost every person I meet here works "in finance" (which probably > means multiple things but that's what they all say). Since I started digging > into bitcoin I've been asking some of these people what they think about it. > I've been surprised to discover that, very often, they get angry! Saying > things like, It can't work, it has to be a scam, there's nothing of value > behind it, "I would short the fuck out of that shit" (that's a direct > quote). But what I've found particularly interesting is that they don't seem > to grasp it's significance. They're trying to fit it into their understood > model of finances and financial transactions and are overlooking the fact > that it's an entirely new and different approach to all that. It reminds me > a lot of traditional media's misdiagnosis on the potential (now, actual) > impact of the World Wide Web back in the day. I'm not convinced that > "bitcoin" itself is going to become something significant but the technology > behind it is going to drastically change the world of finance. Mark my > words! > > All that being said, I agree, my primary fascination is with the flow of > information and the nature of the information. The fact that this data > actually represents humans buying and selling. It is the true heartbeat of > capitalism in real time. > > On Wed, Mar 18, 2015 at 9:33 PM, Rob Myers <r...@robmyers.org> wrote: >> >> On 18/03/15 05:37 PM, Pall Thayer wrote: >> > It's been especially interesting today. Lots of big transactions going >> > on which are surely related to the fall in value and the new theft >> > incident. >> >> I find the flow of information hypnotic. I'm not a trader, I lack the >> soi disant killer instinct. >> >> https://bitcoinwisdom.com/markets/coinbase/btcusd >> >> > Not sure who's cat this is. Using internet based currency info to paint >> > a cat just made sense. >> >> +1 >> >> - Rob. >> >> >> >> _______________________________________________ >> NetBehaviour mailing list >> NetBehaviour@netbehaviour.org >> http://www.netbehaviour.org/mailman/listinfo/netbehaviour > > > > > -- > ***************************** > Pall Thayer > artist > http://pallthayer.dyndns.org > ***************************** > > _______________________________________________ > NetBehaviour mailing list > NetBehaviour@netbehaviour.org > http://www.netbehaviour.org/mailman/listinfo/netbehaviour -- ________________________________________________________________ ================================================================ =--------------------------------------------------------=-===-=-=-====-- +_+~_=_~--+__+=-^=-+_+_=^-+__+-=+_+~__=__~-_-____-=++=_--^-===-=-==-=-=-- =--------------------------------------------------------=-===-=-=-====-- http://bishopZ.com _______________________________________________________________________ "` `""- '`'`"` "`"'` `'``"" `'""`'' ''""`" `'''"` `"``'" `"""`" `'`' `' ..,` "".."' 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