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@ Jay
2025-05-21 22:16:48
Workshopping softwar ideas with ChatGPT really puts a nail in the "Bitcoin is only money" coffin.
There are seemingly infinite cyber security applications for Bitcoin:
- Secure communications and chains of command in military/militia scenarios
- Decentralized root control of user privileges in digital networks/systems
- Out-of-band login methods that look for on-chain transactions within an HD wallet to provide authentication.
It can reason through these ideas and come up with compelling methods for accomplishing them, which means that knowledgeable experts in the field can actually create products that provide cybersecurity via Bitcoin. All made possible because of proof-of-physical-power, true decentralization, scarcity, security, etc.
And in all these cases, the on-chain footprint can be made indistinguishable from monetary transactions. Which itself is crucial for maintaining privacy and security. How many transactions will look monetary, but aren't, in the future?