“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.”
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