“It would have been foolish for an observer in 1990 to dismiss the Internet as too nerdy for mainstream use. Over time, entrepreneurs took the basic infrastructure of the Internet and built innovative and user-friendly online services such as Google, Facebook and YouTube. Bitcoin boosters are betting that the same will happen with Bitcoin. The ‘raw’ bitcoin network isn’t very accessible, but startups like Coinbase and Bitpay are slowly fixing that. Some day soon, someone may develop Bitcoin’s ‘killer app,’ a program that provides a financial service that has clear advantages over conventional banking. That might something that no one has thought of before.”
Related posts:
Mexican prosecutor who led bungled investigation named as spy chief
Politics leads to cancellation of only U.S. medical marijuana study
'Peculiar' Market Strikes Again With Sale of 100-Year Austrian Bond
China Gold-Mine Deals at Record After Price Plunge
France Proposes an Internet Tax
The powerful countries that are buying up much of the world’s land
Houston police chief suspended for one day for hitting pedestrian
Bitcoin: The currency that buys a pint one week but a TV the next
North Carolina sheriff’s office targeted Latinos
Chicago Cop Issued 200 Fake DUI Tickets To Meet Quota And Rack Up On Overtime
Rapper 2 Chainz arrested following a nine-hour tour bus standoff
How An African 'Princess' Banked $3 Billion In A Country Living On $2 A Day
'It's time to hold physical cash,' says British senior fund manager
Officials now say New Zealand milk scare was a false alarm
Pentagon approves iPhones, iPads for military use