01 Aug '12, 10pm

DisCo - Bitcoin and Disruptive Currencies #bitcoin

DisCo - Bitcoin and Disruptive Currencies Privacy lawyer Ross Schulman (@RossSchulman ) writes a post on DisCo introducing Bitcoin to policymakers and describes the disruptive power of Bitcoin on the financial services industry. Excerpts: “[Bitcoin] disrupts what we think we know about money. It rewrites the value rationale for money itself, and undermines the ways in which we think we have to pay for goods over the Internet.” - “[Bitcoin potentially is] incredibly disruptive to a number of financially centered industries. Credit cards, Western Union, and companies like Paypal exist because of the fact that it is hard to transfer money over the Internet cheaply and securely.” - “Bitcoin, to the extent that it is usable, completely changes that regime. People can use it to connect directly with peers, whether they are friends sitting around the same dinner table, or complet...

Full article: http://www.bitcoinnews.com/post/28499501360/disco-disrupt...

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#Bitcoin and Disruptive Currencies

project-disco.org 31 Jul '12, 1pm

Ars Technica reported earlier this month that Bitcoin , the open source cryptographically secured alternate currency, was ...

Nice article by @RossSchulman: Bitcoin and Disr...

project-disco.org 31 Jul '12, 5pm

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#Bitcoin as a #disruptive force:

project-disco.org 31 Jul '12, 12pm

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