Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Bitcoins and UFOs….yes, Bitcoins

Sunday, August 16, 2015 8:46
% of readers think this story is Fact. Add your two cents.

(Before It's News)

B4INREMOTE-aHR0cDovLzEuYnAuYmxvZ3Nwb3QuY29tLy1KUTU0Y2tUSmszMC9WZEN2Q0NQVnRoSS9BQUFBQUFBQVA4SS9rN0tKbm1DQ2ptRS9zMzIwL2JpdGNvaW5zLmpwZw==
Bitcoins are the ephemeral currency of the internet, created by Satoshi Nakamoto in 2008.
A review in the Times Literary Supplement  of a book about the “currency,” Cryptocurrency: How Bitcoin and digital money are challenging the global economic order by Paul Vigna and Michael J. Casey (Wall Street Journalist reporters) gives a précis of the “money.”
The review is by David Throsby [TLS, 7/31/15, Trust funds, Page 28].
What ties the currency to UFOs are the nuances of its evanescent state, its promoters, and gatekeepers, but mostly the mystique about its existence.
This from the review…”In essence, the operations of the system depend on the work of the bitcoin community – in particular on people known as ‘miners’ who compete for the coins that are released into the system at regular intervals.”…strikes me a similar to the workings of UFO enthusiasts and is the template for ufology.
Then there is this….”The development of bitcoin is described as the story of a counter-culture, a strange community of ‘libertarians, anticorporatists, crypto-anarchists, utopians, entrepreneurs, and VCs [venture capitalists] … there is a quasi-religious element to the bitcoin phenomenon…”
Sounds like ufology, right?
Near the review’s end, Throsby writes, “Bitcoin’s use as a vehicle fro transactions may expand, but it seems most unlikely that it will become an alternative or replacement for sovereign currency.”
This is the state of ufology: not an alternative or replacement for scientific methodologies and UFOs not a replacement for aeronautics or extraterrestrial research.
RR

http://ufocon.blogspot.com – The UFO Iconoclast(s)



Source: http://ufocon.blogspot.com/2015/08/bitcoins-and-ufosyes-bitcoins.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.