Money is going digital and it is impacting the biggest growth industry of the past 75 years
Bitcoin has attracted a lot of news and high-profile investors in recent weeks, while the media still focuses on how early buyers have made money and how authorities are onto its role in online narcotic sales. Less attention has been paid, however, to the underlying long-term potential of Bitcoin as a catalyst for innovation in global financial services by decoupling transactions from the networks previously required to ensure their execution and enforcement.
To really understand the power of Bitcoin, you need to think about it as 3 things: (1) a protocol, (2) a commodity, and (3) an ecosystem.
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