To Those Who Claim to Understand Bitcoin

[lame54]

Explain this:

https://www.google.com/amp/s/www.vice.com/amp/en/article/5dg5az/the-quest-to-put-bitcoin-in-mouse-dna-with-a-genetically-engineered-virus

[intrepidity]

1. It's a link nt

[targetpractice]

3. Sublime reply. Respect. n/t

[lame54]

9. Thank you...

For not using the word block-chain in your explanation

[targetpractice]

2. Hah! It'll work...

Encode the Bitcoin key in to the DNA seems doable (expensive to do)... But, why? Cashing in on the Bitcoin would require sequencing the mouse's DNA (another big expense). If you wanted to invest in this a idea a lot.. You would need to save a lot of individual blood samples from mice... Or, keep dead mice in a box under your bed.

[jmowreader]

7. Maybe the Bitcoin DNA would transfer from generation to generation

I think you understand one of the problems here: if you wanted to sell your mouse-stored Bitcoin you'd have to find someone who liked both Bitcoin and pet mice.

The biggest problem: what happens if your new roommate decides to get a snake and, not knowing what the DNA in your mice contains, feeds your bank account to his new pet?

[targetpractice]

14. Hah! Yes, fraught with issues...

Redeeming mice progeny risks mutations.... Like forgetting your PIN number or worse.

Maybe a better thing would be to do this with Galapagos Tortoises. Or, not do this at all.

[happybird]

4. Got a couple paragraphs in and spotted an obvious problem:

“We have tied the value of the mouse directly to Bitcoin, and it will fluctuate with the daily value of Bitcoin,” they said. “Maybe in ten years it will be worth $100 million, or maybe it will be worth nothing.”


The lifespan of a mouse is one or two years.
Lab mice do live longer, longest ever was just under 4 years.

[targetpractice]

15. Blood samples. n/t

[JanMichael]

5. My brain hurts reading that. It is like Bitcoin is everything and nothing or something.

I don't get it. So if the mice breed the "purse" is in the offspring so how is that "money" unless they are all held captive. What if they are released into the wild? Would bitcoin be devalued? I don't get it at all...

[happybird]

8. I think it's "Art"

[targetpractice]

16. Once the genome is redeemed, the other mice with are worthless (monetarily). n/t

[TheRealNorth]

6. DNA is nature's method of encoding information

So yeah, it's theoretically possible to create a way to translate computer language to genetic language and put that information in parts of the mouse's genome that don't have a gene that is expressed (because if you put that information in a part of the genome that is expressed, it may be fatal to the mouse).

The problem I see is that genetics is prone to error and the information you are trying to store is going to degrade over time.

The only reason to do this that I can see is to create a method to smuggle money or keep it off the books.

[jmowreader]

11. "The only reason to do this that I can see..."

I thought that was the whole point of Bitcoin in the first place!

[Me.]

10. Why?

[PoliticAverse]

12. It's a pr stunt to get free publicity for Bitcoin. By posting you are proving it is working. nt

[lame54]

13. D'oh

[Gaugamela]

17. Could explain alien abductions though. The human species is a cryptocurrency

repository and alien abductions are just a stop at the ATM before a night out.

[Taylor Picker]

18. Genius.

Write this up as a short sci-fi story. I smell a Hugo Award.

[48656c6c6f20]

19. It says it's an art project

[hunter]

20. Wouldn't tulip bulbs be more appropriate?

A tulip, known as "the Viceroy" (viseroij), displayed in the 1637 Dutch catalogue Verzameling van een Meenigte Tulipaanen. Its bulb was offered for sale for between 3,000 and 4,200 guilders (florins) depending on weight (gewooge). A skilled craftsworker at the time earned about 300 guilders a year.

https://en.wikipedia.org/wiki/Tulip_mania