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Archive for the ‘bitcoin’ category: Page 70

Apr 19, 2013

Bitcoin’s Dystopian Future

Posted by in categories: bitcoin, cybercrime/malcode, economics, ethics, finance, futurism, information science, lifeboat, open source, policy

I have seen the future of Bitcoin, and it is bleak.


The Promise of Bitcoin

If you were to peek into my bedroom at night (please don’t), there’s a good chance you would see my wife sleeping soundly while I stare at the ceiling, running thought experiments about where Bitcoin is going. Like many other people, I have come to the conclusion that distributed currencies like Bitcoin are going to eventually be recognized as the most important technological innovation of the decade, if not the century. It seems clear to me that the rise of distributed currencies presents the biggest (and riskiest) investment opportunity I am likely to see in my lifetime; perhaps in a thousand lifetimes. It is critically important to understand where Bitcoin is going, and I am determined to do so.

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