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Saturday, August 12, 2017 4:51:42 PM
We are not a bitcoin play. Bitcoin could go to $5,000 or to $5, and it would not affect our company.
Let me repeat, we are not a bitcoin play. Bitcoin could go to $5,000 or to $5, and it would not affect our company.
First, I am long here and have been for quite some time. But, I realize that there is a very low probability of success.
There are thousands of new blockchain inventions and patents. Eventually, a few will win, similar to the search engine competition. Will we be the next Google? I hope so.
Blockchain got its start with bitcoin and has proven to be unbeatable. The real value of blockchain technology is that it may someday thwart hackers and allow for secure emails and digital telephone calls.
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Bitcoin was invented in 2008. Since that time, the Bitcoin blockchain has operated without significant disruption.
With Blockchain, some information is put into one block. Other information is put into another block. Then, all of the blocks are chained together. The minute any block, at any point, gets hacked or interrupted, the whole chain stops.
It guarantees the validity of a transaction by recording it on (1) a main register and (2) a connected distributed system of registers.
So, if someone wanted to hack your email, since everything in your email is on the distributed system of registers, they would have to hack your email on every register worldwide.
There is no computing power that can do it. If your email is recorded and interrupted anywhere, it is interrupted everywhere. Then, the hack will be caught and detected.
This different from a database where all of the information is on one database.
It is a math solution. GAHC has nothing to do with the price of bitcoin.
With that being said, feel free to post on other boards that the price of a bitcoin has made GAHC a better play. I love being GREEN. I have being RED.
Recent GAHC News
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