We Can Do Better Than Bitcoin: Digital Currency as a Cure

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Presented at HackMiami 2015 by

Why shouldn’t we use the financial greed of the criminal underworld to cure neuroblastoma?Why shouldn’t we use an illegal E­Commerce drug store to help develop the next multi­billion dollar pharmaceutical drugs?. As Bitcoin become more difficult to create the incentive to shift efforts to other digital currencies grow. If protein folding algorithm’s can be architected to work efficiently on specific purpose computers, sometimes referred to as ASIC’s or high performance graphics cards(GPU’s) then a ProteinCoin would be an attractive alternative. As long as there is a selfish incentive, generating profit, then a ProteinCoin network could be brought online nearly overnight. What medical breakthroughs could be discovered using 4 septillion floating point operations per second ­ the theoretical power of the bitcoin network ­ over an extended duration of time?It’s hard to say. It really is an impossible amount of computational power to accurately describe. No one has ever had access to this level of capability before, none the less imagine it.