Today, new my column is released, so I take a day off.

Dancing Buzzword - Behind the Buzzword (7) Blockchain(1)

The true nature of Bitcoin - a "beach flag" that only consumes power and computing resources

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I am launching a new series, "Blockchain"

This time in particular, I was researching "Bitcoin" and the one thing that kept popping up in my head was

It was "Lupin III" -- well, I was serious.

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It's a classic scene that the Lupins escape with a car (Fiat 500) full of stolen cash from local police.

However, the bills taken by the Lupin gang was just "print" -- that is "paper".

What would happen if the Finance Minister, angered by the bank robbery by the Lupin gang, carried out a denomination (*) that would reduce the unit of currency to 1/1000th of its original size?

(*) In this context, it means "devaluing a currency unit".

The Lupin gang can't even come up with the necessary expenses for the robbery, which puts them in a tight spot.

'Lupin III being driven out by his creditors' -- a scene I don't really want to see.

Well, I don't think the government is going to denominate at least a robbery, however,

"The power of the state is more powerful than Lupin"

I was thinking about such an obvious fact.

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After disposing of all the quantum computer papers, I've been thinking

What is currency?

What does value look like?

How can trust be generated?

I was in a "currency gestalt collapse".