“What kind of specific applications might Bitcoin enable? Answering that question is hard for the same reason it was hard to explain why the Internet was exciting in 1988: the applications that exist aren’t that impressive, and it’s hard to speculate about the future without either getting really technical or sounding a little crazy. But here are a few examples to illustrate what’s possible.  Bitcoin is what Jonathan Zittrain calls a generative technology: like the PC and the Internet, it provides general-purpose infrastructure that anyone can use to build powerful applications. There’s no way to know how important those applications will be.”

http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/03/heres-what-critics-miss-about-bitcoins-long-term-potential/

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