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re: Bitcoins were hacked yesterday?
Posted on 4/4/13 at 1:50 pm to joshnorris14
Posted on 4/4/13 at 1:50 pm to joshnorris14
quote:
Bitcoins are not intellectual property
why do you say that? Why is a hash different than words in a book?
1
Posted on 4/4/13 at 2:31 pm to C
quote:
why do you say that? Why is a hash different than words in a book?
IMO, IP like a book or even an idea has value because it entertains, instructs, and/or explains events that happened in the real world.
The information that makes up a bitcoin does none of this. It only has value within the confines of the BC network.
I can write a book from scratch (even a crappy one) that someone would possibly buy. If I use a random number generator to produce hash tags the network will reject them as worthless.
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