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Old 03-19-2017, 07:26 AM
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dgtatum dgtatum is offline
Join Date: Sep 2013
Location: Louisville, KY
Favorite beer: San Pelligreno
Posts: 4,806

I believe that blockchain technology and not Bitcoin is the true revolutionary part of the Bitcoin Revolution. Time will tell, but I bet we are suing some form of blockchain technology for significant applications long after we have forgotten that Bitcoin even existed.

That said though I listened to a very interesting EconTalk podcast about people in Venezuela mining Bitcoins to get around the food crisis they are currently going through. Basically electricity is free in Venezuela so enterprising folks are setting up Bitcoin mining operations and using the Bitcoins to buy rice and beans in bulk in Miami and have it shipped to their homes in Venezuela.
It's times like these you learn to live again
It's times like these you give and give again
It's times like these you learn to love again
It's times like these time and time again
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