11 Dec '12, 12pm

TheNextWeb - The future of money: New paradigms #bitcoin #winning

TheNextWeb - The future of money: New paradigms Joel Falconer (@JFalconer ), editor at TheNextWeb wrote on The future of money — covering Square, Simple, and Bitcoin. Excerpts: “There’s another kind of player in this new game, too. It’s one that has been greeted with the most skepticism and yet has the most potential for complete and utter disruption – cryptocurrencies, like Bitcoin.” - “Bitcoin improves on the old model for currency in many ways. Maybe it’s the prototype for whatever improved implementation overtakes traditional currency in the future, or maybe Bitcoin will take that throne, but it seems likely that our current model will be replaced, whether today’s governments come to allow it, or we have to wait for them to fade out – or be thrown out – of existence.” - “’What these technologies will unleash will be profound. Money can move instantly, anywhere and with...

Full article: http://www.bitcoinnews.com/post/37708922366/thenextweb-fu...

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