26 Feb '15, 2pm

After #Bitcoin, are you ready for the next generation of cryptocurrencies?

The Bank of England believes that cryptocurrencies like Bitcoin could be big news and even UK chancellor George Osborne is tweeting about it . But it is important to note the detail in the central bank’s comments. It is talking about forming its own digital currencies in a trend which could yet see Bitcoin take a back seat in the future it helped to create. At a recent meeting of the Social Media Leadership Forum in London on the theme of Bitcoin and cryptocurrencies, we watched a short film that portrays Bitcoin as a kind of moral alternative to traditional banks. Not only is Bitcoin the new, cool choice of Generation Z, but it is also a way to render third party profiteering from financial transactions irrelevant. Bitcoin is the answer! Bitcoin is the future. Bitcoin is the best way of transferring value digitally without a third party. No pal needed to pay … There was a...

Full article: http://theconversation.com/after-bitcoin-are-you-ready-fo...

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