[2014-01-21] CNN: Bitcoin is not just digital currency. It's Napster for finance

[runam0k]

Not the best titles, but a great article.

http://finance.fortune.cnn.com/2014/01/21/bitcoin-platform/

In the next year, Bitcoin will start its transformation from a mere currency into an entire open-source, decentralized exchange for everything from futures contracts to car rentals.

[Gabi]

Does this mean that bitcoin will shutdown? 

[byt411]

Does this mean that bitcoin will shutdown? 

It means it will actually become a currency and people will use it...

[Gabi]

Does this mean that bitcoin will shutdown? 

It means it will actually become a currency and people will use it...

Who exactly use napster today? No one. People use other software to share files but not napster.

[runam0k]

Like I said, poor title.

[knight22]

This is big. The biggest American propaganda machine just switched to bitcoin!

[zeetubes]

Very nice find. Thanks for sharing! Probably one of the best articles I've read in recent times. And the author himself notes that Napster isn't the best analogy. But not many of his readers would understand P2P, so I think he used Napster deliberately. Everyone associates Napster with bringing down the music industry. You should repost this under the discussion section so that it gets a wider audience.

[daviducsb]

I run across very few articles about the protocol and this is a good one. Nice find!