We coin concepts and we use them to analyse and explain nature and society. But we seem to forget, midway, that these concepts are our own constructs and start equating them with reality.
I love this stuff - bitcoin, ethereum, blockchain technology - and what the future holds.
We set up a small bitcoin and ethereum mining operation... that miraculously now is actually making a lot of money.
We need to come up with use cases for this technology that drive clear benefits for individuals and institutions - these are our customers. Too often we see bitcoin and blockchain technologies as solutions in search of a problem. We don't just need these systems to be technically better than the alternatives - we need them to be more user-friendly.
It may be a coincidence, but from the minute I took anti-depressants, I didn't pick up a guitar or a pen for seven years.
Throughout the western world, new systems have risen up whose job is to constantly record and monitor the present - and then compare that to the recorded past. The aim is to discover patterns, coincidences and correlations, and from that, find ways of stopping change. Keeping things the same.
Energy and bitcoin work really well together because you can pay out in micro-transaction units. As the energy gets used, they pay out, and it's by the kilowatt rather than by the month.
I trust bitcoin more than I trust my bank.
Coinbase is 'the' brand in the Bitcoin space. Their founder Brian Armstrong was amongst the first good entrepreneurs to emerge in this space. While others championed ideological or underground/illicit interests, Brian saw an opportunity to change the world for the better and build a big business out of it.
If money was being invented now, it wouldn't be designed to look like cash or credit cards. It would look more like Bitcoin.
