Is the bitcoin protocol poised to become the new internet?

[BlackRogue]

This was a very good article. I am informed about lot of things I didn’t know before. It helped me to know some basic information about crypto market. Thanks for sharing!

[xWolfx]

I have just found this article from May 2014 from Radu Georgescu: http://www.radugeorgescu.com/2014/05/05/the-next-big-thing-bitcoin-101/.



Do you think his assessment for the rate of growth of the bitcoin protocol is still correct? Could next year be the year banks or other financial institutions start using the bitcoin protocol to settle transactions?

It's hard to accurately predict dates of events. Everytime i try to i have problems - It will eventually happen.

I believe his assessment is correct in it's essence, in the future it's inevitable due to the numerous advantages it offers over regular network protocols, especially in security. However, saying that next year it will happen is being really positive about it. We might start to see some implementations, but changing something so big - even if they wanted to do it right now, will take some time.

Something he is missing though, besides Banks is in States. The president of Colombia Ivan Duque said that his government was going to use this technology.

So, will it happen? I personally believe it's more a future fact than a conspiracy.

[tonyosa]

It may take a couple of years for that to happen, for now banks are doing everything within their powers to stiffle the growth of bitcoin protocol

[Eurobot]

Well I would this was a pretty much visionary thoughts the writer expressed four years back. This still article is still looking very relevant. Anyone can learn something now from this article

[EveningGull]

I still agree with his anticipations and the way he expressed the potentiality of cryptocurrency. As you can see the growth of Bitcoin has increased a lot. So he was right to consider crypto as growing thing

[Vipersia]

well I must have to admit that this is a very interesting article and it concept is also very unique for us, well as per the situation is going we can assume that crypto currency will become a internet someday but that time still didn't came and when it will come it is bit hard to say

[blackwell77]

bitcoin are more reliable and secure. it is most popular in the world. people are more interest to use it in their daily transaction. i think it will do something good in future. it will increase their field and give better service for bitcoin people. its future are more bright.

[Eurobot]

bitcoin are more popular and probable. people are increasing their interest to investment here. they want to use it their daily transaction. it will more potential and do something good in future. its future are bright and take the best place in the world.

[scribble2]

bitcoin are profitable and popular in the world. it will be poised to become something good. it is permanently settled in people mind. that's why it will take best place in the world. people are trusted it and they want to daily transaction with bitcoin. its future are very good.

[AutisticKid007]

I think the assessment may be true, because Bitcoin is much more likely, the profit rate is much higher, the belief in Bitcoin is much more and investment in the bitcoin is safe. There may come a time when everyone will use Bitcoin as a fiat currency alternative.

[cryptocamacho4785]

As the popularity of Bitcoin is increasing day by day, nothing is impossible. Because Bitcoin is the most credible cryptocurrency in the world, so I think it's never impossible.