In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Bitcoin is, of course, not the only currency out there waiting to be mined. There are hundreds of mining pools out there for a range of different cryptocurrencies, and you can find lists of different pools for each type of digital coin.
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It was no surprise, then, that Pyongyang University of Science and Technology (PUST) invited Federico Tenga, an avid Bitcoiner, and co-founder of Chainside, to teach their Computer Science and Finance students about Bitcoin (BTC).
“It’s one of the only places which feels fundamentally different from the rest of the world…”
I’d also consider myself to be a Libertarian, so visiting a country so controlled by the government like North Korea was particularly intriguing to me. It’s one of the only places which feels fundamentally different from the rest of the world because they aren’t as connected to it.
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If Bjerkestrand is right blockchain might be one of the digital mediums that can be stored on film at the Archive. That means it may be possible to preserve Ethereum smart contracts and cryptocurrencies such as bitcoin and ether indefinitely.
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If Walmart can roll out the world’s first blockchain-based inventory system it would be able to greatly reduce costs. That would make the company more efficient and ease the integration of online retail and brick and mortar stores.
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Durden noted that demand for bitcoin has been increasing as the Chinese government has stepped up efforts to halt the flow of currency out of the country. Back in September; when a bitcoin was fetching $230 in the open market, the People’s Republic started trying to enforce a prohibition on moving more than $3,300 (20,000 Yuan) out of the country in a day.
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