28 Dec '16, 10pm

The Future of Bitcoin: Where will it be in 20 years?

"Ask someone when they last used the TCP/IP Protocol and you’ll likely get a blank stare. Yet, chances are, most people use it dozens of times every day. The TCP/IP Protocol is the ubiquitous transport layer of data exchange that runs the internet. We may not be aware of TCP/IP, but we know our lives have changed significantly since it became broadly integrated 20 years ago. In 2008, Satoshi Nakamoto invented bitcoin and, while he may not have realized it at the time, in so doing he also created what I believe will become a ubiquitous transport layer of value exchange – again, without most people aware of it at all. Over the next 20 years, what people will be aware of is that items of value – primarily things that can be represented digitally (e.g., financial instruments, cash, ownership records, and much more) – will move between entities with dramatically increased effic...

Full article: http://www.huffingtonpost.com/entry/the-future-of-bitcoin...

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