6min chapter

The "What is Money?" Show cover image

How Bitcoin Changes Everything | The Saylor Series | Episode 17 (WiM065)

The "What is Money?" Show

CHAPTER

The Killer Application for Bit Coin With Social Networks

Ara, ye, it would be applied at other levels. That was adam back's idea, proof of work to fight spam. Well, we're living in a world 30 years later, and we still have spam. And there is no way to stop that in the absence of some kind of value network. The killer application for a bit coin with social networks is is creditworthiness leading to ciber security, safety and civility in ciber space. It also works for all the communication nhet works.

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