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          Open Source Currency
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            Rails 6.1 Fork
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        <p class="f6 gray mv0">February 22, 2025</p>
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          <p>The oscurrency fork at <a href="https://github.com/bace/oscurrency/">https://github.com/bace/oscurrency/</a> is running on Rails 6.1 and works with heroku.</p>
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        <a href="/2025/02/22/rails-6-1-fork/" class="ba b--moon-gray bg-light-gray br2 color-inherit dib f7 hover-bg-moon-gray link mt2 ph2 pv1">read more</a>
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            Rails 5.1 Fork
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        <p class="f6 gray mv0">November 9, 2023</p>
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          <p>There is a Rails 5.1 fork at <a href="https://github.com/bace/oscurrency/">https://github.com/bace/oscurrency/</a> which works with heroku.</p>
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            The Difference between Bitcoin and OpenTransact
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        <p class="f6 gray mv0">January 21, 2014</p>
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<p lang="en" dir="ltr">OK new subject: what the heck is bit coin?</p>
<p>&mdash; William Shatner (@WilliamShatner) <a href="https://twitter.com/WilliamShatner/status/418962733208326144?ref_src=twsrc%5Etfw">January 3, 2014</a></p></blockquote>
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<p>Disclaimer: I am deliberately avoiding <a href="https://guan.dk/payments" title="Transaction fees">edge cases and other costs</a> of Bitcoin.</p>
<p>Bitcoin (BTC) is a relatively new system and we often make sense of new systems by drawing on familiar experiences to describe them, so it is natural to draw on experience with dollars and gold to understand Bitcoin. Like an ounce of gold, the price of a bitcoin can be measured in dollars. As the price of a bitcoin skyrocketed in 2013, it became a famous asset like dollars or gold but the current price of a bitcoin does not have much to do with why it is useful. Over most recent interval ranges, bitcoins do not seem to offer any advantage as a store of wealth. So, what&rsquo;s curious about Bitcoin is that what it seems to be famous for is not why it is useful.</p>
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              <a href="/2013/11/01/oscurrency-now-featuring-twitter-bootstrap-ui/" class="link black dim">
                OSCurrency now featuring Twitter Bootstrap UI
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              <a href="/2013/10/23/moving-from-blogger-to-wordpress/" class="link black dim">
                Moving from Blogger to Wordpress
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              <a href="/2012/06/14/opentransact-on-android-2/" class="link black dim">
                OpenTransact on Android
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              <a href="/2011/08/26/opentransact-testing-oauth-scopes-with-artifice-and-cucumber/" class="link black dim">
                OpenTransact: Testing OAuth Scopes with Artifice and Cucumber
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