Thursday, April 21, 2011

Another Bitcoin application

Bicycle clubs use smart phone software to monitor their bicycle commuting habits and incidents.  They get Bitcoins from the investors.  Investors get a database of pre-industrial commuter,. as plaintiffs in the public nuisance lawsuit against local gas distributers.  Bit coin has  has provable security in court.  One gets a side database, the relationshuip between weather turbulance and bike accidents.   Plaintiffs self collect data, prove damage, prove that pre-industrial is the public standard, collect $300 per year ofr each cycler.

It is the world we live in. Bitcoin is a robot, like Watson. Bitcoin will  have great utility across a number of applications, it is the new money.

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