Moving out of the crypto-enthusiast box

Posted on March 15, 2014

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This post from Bitcoin Magazine on what cryptocurrencies mean for everything is worth a look. It’s not necessarily anything new, but is well written and reclarifies all the questions about what makes Bitcoin exciting.

What changes can we expect to see as cryptocurrency shifts in this direction? The first is a shift from hostility towards existing political structures to a movement to create new consensus systems that make many types of contractual arrangements no longer necessary. It’s a move from antagonism toward governments, to a metalayer that increases trust within a network.

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Posted in: Tidbits