OWS Currency: Difference between revisions
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Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoin is also the name of the open source software which enables the use of this currency. | |||
tl;dr Nobody owns the network, and it's impossible to cheat. No longer have to rely on any central authority. | |||
=Introduction= | http://bitcoin.org/ | ||
<!--=Introduction= | |||
Use bitcoins you assclowns. | |||
We're deploying an alternative currency system for participants at [[Occupy Wall Street]]. We will document our experience and how the system is working with the intention of providing other people occupying spaces around the world with the information they need to create their own currency solutions. | We're deploying an alternative currency system for participants at [[Occupy Wall Street]]. We will document our experience and how the system is working with the intention of providing other people occupying spaces around the world with the information they need to create their own currency solutions. | ||
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* User Points >> Reserve Notes | * User Points >> Reserve Notes | ||
The General Assembly can print 'notes' to reward people who perform tasks. Those notes can be redeemed through a general store (online), affiliated stores (online/offline) and through media (offline.) | The General Assembly can print 'notes' to reward people who perform tasks. Those notes can be redeemed through a general store (online), affiliated stores (online/offline) and through media (offline.)--> | ||
Revision as of 15:55, 9 October 2011
Bitcoin is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. Bitcoin is also the name of the open source software which enables the use of this currency.
tl;dr Nobody owns the network, and it's impossible to cheat. No longer have to rely on any central authority.