The World Motivation
Just as it got easier to use email, it will be easier to use Bitcoin as people invest in it and become more familiar with it.
“Just as it got easier to use email, it will be easier to use Bitcoin as people invest in it and become more familiar with it.”
Just as it got easier to use email, it will be easier to use Bitcoin as people invest in it and become more familiar with it.
The regulation picture has gotten a lot clearer in the U.S. and most of Europe. And that's fantastic. I think that's why you're seeing companies like Microsoft and Dell accepting Bitcoins.
In the future, I expect to see bitcoin mining in places where electricity is free or cheap. You could put solar array in the Arizona desert attached to bitcoin miners, and instead of trying to ship that electricity all over world, you could ship Bitcoin all over the world.
I think the best projects understand that they don't need to invent a new currency. They don't need to use the block chain as their long-term data storage solution. And they don't need to use the peer-to-peer network as their communication mechanism. They should use the block chain as the world's most secure distributed ledger.
The events over the DAO hack might have spooked some people from ether to Bitcoin, helping with the rise in price, and now that ether is recovering a little, that movement is reversing the action.
Bitcoin never sleeps. We need to move quickly and grow quickly and do everything sooner rather than later.
Bitcoin, I think we can say, is dead.
Most people heard about Bitcoin for the first time in the context of the Mt. Gox collapse. It is our Lehman Brothers.
Bitcoin is one of the most viral concepts I've ever encountered.