Bitcoin Blockchain Has Been Forked (New: BitcoinCash UAHF)

[\0xDynamite]

What bitcoin needs to do is limit transactions to online transactions
or (more exclusively) the internet.  If it enters the old money
marketplace, it simply engages too much confusion.

You see the old money works because it's tied to actual value, not
merely scarcity.  Officially or not, it's based on a valuable
commodity, namely oil.  Bitcoin should devise a way to tie itself to
CREATIVE works and produce more bitcoin (to prevent inflation) when
more creative works are produced.

The untold secret of the G8 economy is that they print new money when
a few key players decide that value in the industrial economy has been
produced.  That's actually not a TOTALLY bad policy, but eventually it
drives the planet towards entropy unless that industrialism is
producing MORE order rather than less.

Bitcoin can figure out a fair solution to deciding when creative value
is produced.  If it really wanted to be try something new, it could
also value all non-material works, including academic work, patents,
rather than just creative.

Just an idea, just my $02B.

Marx0s