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Old 01-11-2018, 02:09 AM   #167 (permalink)
freebeard
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Thanks. Ars Technica is authoritative.

The part I'd heard about (and commented on) is KodakOne, but...
Quote:
Kodak announced that it would be launching its own digital money, Kodak Coin, while one of its licensees was showing off a bitcoin mining device called the Kodak KashMiner, a specialized computer that’s used to earn bitcoin.
This is just contributing to the heat death of Universe.

Quote:
“It’s mind-bogglingly stupid,” said Weaver. “Why would you need a dedicated cryptocurrency to pay for stock photos? I’m pretty sure most photographers want actual cold, hard money.”
It’s mind-bogglingly stupid to confound passing tokens in information processing with a economic payment system. There are valid use cases for a distributed ledger.
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