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Title: Bitcoin is now cryptocapital (not just crypto currency) Post by: Biodom on May 21, 2015, 05:17:39 PM A concept of cryptocapital (cryptoCAP) being introduced by Linkedin founder and CEO, Reid Hoffman.
http://www.wired.co.uk/magazine/archive/2015/06/features/bitcoin-reid-hoffman/viewall Quote In the end, it's the possibilities of pervasive, global, high-volume cryptocapitalism, not Bitcoin's current market valuation, that makes it so interesting. Soon, a technology like Bitcoin will be creating value that may exceed what the internet has created to date. Of course, pioneers often disappear. Sometimes that idea that has venture capitalists reaching for their wallets and others taking a pass ends up being AltaVista. Sometimes, it ends up being Google. Bitcoin has a strong shot at defining the cryptocapital space for years to come, at becoming a market-dominating force that will create massive value. It's already unleashing the power of software development and Moore's law on the evolution of the financial system. And the products and services that will be built on top of it will be so essential, we'll wonder how we ever lived without them. Powerful statements. Let's see how it plays out. |