Bitcoin worth 2016 bat
To understand why, consider Ethereum, a cryptocurrency that rests on the distributed ledger tech described by Satoshi Nakamoto in his white paper but includes a scripting language.
That makes it, quite literally, bitcoin worth 2016 bat money. At the time it seemed a practical way to get the Ethereum project funded, but it also defined an economic model for successful cryptocurrency bitcoin worth 2016 bat.
Sincebitcoin worth 2016 bat number of cryptocurrencies have grown exponentiallyeach new ICO asking buyers to exchange expensive Bitcoins for worthless tokens. For every hundred ICOs, perhaps one creates a coin that has any practical value - and those prove the most popular. The brainchild of Javascript creator Brendan Eich, the BAT offers a currency that allows advertisers to disintermediate publisherspaying Web users directly - in BAT - for their precious eyeballs.
Hit a Web page, and, for every ad that loads on screen, BAT accrues in your account. Users gain the capacity to pay bitcoin worth 2016 bat directly for their content - in BAT. Now comes a longer battle, convincing advertisers and publishers to offer BAT and the associated Brave browser as an alternative, bitcoin worth 2016 bat, eventually, as a replacement for the advertising-driven Web. BAT seems a straightforward idea: It also sends another signal: The value of our attention varies by task.
Little of this architecture of the human world can be squeezed into the one-size-fits-all solution of BAT. Personal cryptocurrencies complete the great project of the gig economy, allowing us to offer a price for ourselves in every market, at every task, in real time. Our time will be worth just exactly what someone is willing to pay for it - in their own coin, of course. If this seems a little too rational and difficult to manage, imagine all of it hidden behind a hundred clever apps that perform all the marketing-making, pricing, and currency exchanges seamlessly and invisibly.
All of that happens via the invisible hand of the marketmassaging seven and a half billion different cryptocurrencies. They may be all we ever see, while underneath, our coins argue bitcoin worth 2016 bat out for supremacy in a global marketplace of talent and attention.
We can choose to give our time and our attention - to our families, our friends, our communities, and our civic society. The Register - Independent news and views for the tech community. Part of Situation Publishing. Join our daily or weekly newsletters, subscribe to a specific section or set News alerts.
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