Friday, May 20, 2016

Cryptocurrencies 1.1

Some people would say Bitcoin is more like 1.0. but efforts at cryptocurrencies date back to the 1980's.

Bitcoin is a triumph but as with many success stories, it is wrought with failure, some of which might never be resolved.

When we think of the revolutionary ideas launched from an Internet platform--Ebay, Craigslist, Youtube, Uber--none is as Earth-shattering as cryptocurrency. Ultimately, they might all flop but I doubt that they will leave the current system in peace.

This is a nice intro to Bitcoin but there is a snide politically correct narrative. Thus, the title "The Bitcoin Gospel." Did you catch the clever religious comparison? And the founders who are referred to as evangelists and political absolutists. As if the fluffy can never be zealots. Taken with a grain of salt, this is a good introduction to Bitcoin and cryptocurrencies.

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