20 Apr '13, 8pm

Double click on the next digital revolution, then brace yourself - The Age: Bitcoin is a digital currency that...

Double click on the next digital revolution, then brace yourself - The Age: Bitcoin is a digital currency that...

At first, the internet was treated as a curiosity. YouTube has a television segment from 1981 on newspapers experimenting with sending digital stories over the phone line. ''Imagine, if you will, sitting down to your morning coffee, turning on your home computer to read the day's newspaper,'' said the host with a bemused smile. We all know how that turned out. The internet has played havoc with the newspaper industry. It has ripped up the music industry and intimidated Hollywood. What is a curiosity today might be the industry-disrupting, society-realigning, prosperity-enhancing and utterly essential technology of tomorrow. Two recent innovations suggest the next few decades will be more disruptive than any other time in living memory. Right now, Bitcoin and 3D printing seem the province of geeks and hobbyists. But they're omens of revolutions to come. Bitcoin is a digital...

Full article: http://www.theage.com.au/comment/double-click-on-the-next...

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