Why did Dan Kaminsky say that Bitcoin is dependent on the Federal Reserve?

2

Dan Kaminsky embed a custom message in a block, which reads "BitCoin's new dependency upon [...] BERNANKE". Why did he say that Bitcoin is dependent on the Federal Reserve?

Gaia

Posted 2013-10-27T05:06:55.303

Reputation: 423

Answers

4

Once upon a time someone used Bitcoin's ability to embed arbitrary text inside a transaction to put an ASCII Art Ben Bernanke into the blockchain. Referring to the fact that current blocks must still reference the Bernanke block as a "dependency" rounds out the joke.

David Perry

Posted 2013-10-27T05:06:55.303

Reputation: 13 848

1Well, there's my giggle for the evening.Colin Dean 2013-10-28T00:08:09.663