Monday, Oct 7, 2013

October 7, 2013

October 2013

Greg: You know how most people feel super old when they go to their highschool reunion, or when they have extra aches and pains when they get out of bed in the morning?
Dave: Sure.

Greg: Well, I don’t really get that way. I mean sure, I feel kind of ancient when I talk to kids who have no idea what a cassette tape is, but that’s just generational. I mean, I never used an 8-track, so it’s just the kind of thing that slowly happens from one generation to the next. It doesn’t mean I’m old, just oldER.

Greg: But that being said, there is one thing I’ve found over the last few days that has me feeling like I belong in a nursing home.
Dave: What’s that?

Greg: The fact that no matter how many times I read about them, or how much research I try to do on them... I still don’t fully understand Bitcoins.
Dave: What’s not to understand? It’s a cryptocurrency based around cryptographic hashes, using a peer-to-peer transfer protocol to maintain balances, while shared processing power extends the blockchain. It’s fairly straightforward.