[2014-5-13] Five things we can learn from Bitcoin

[shockload]

http://www.forbes.com/sites/johnvillasenor/2014/05/12/the-future-of-innovation-five-things-we-can-learn-from-bitcoin/

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[fatty_but_happy]

In a quickly changing landscape, broader education about innovations can be just as important as the innovations themselves.

I began to pay attention that education of innovation has recently become even more important than the innovation itself.  The cryptocurrency system wouldn't developed worldwide without followers who need "in education about innovations"

[sgk]

The author pretty much nailed it; this is some rightly positive reporting in the midst of all those nonsense negative publicity.

I can't resist quoting this specific sentence from the article:

On February 25, just after Mt. Gox went offline, CNNMoney ran a story titled “Mt.Gox site disappears, Bitcoin future in doubt.” This has about as much logic as a headline along the lines of, “Bridge washes out in storm; future of the automobile in doubt.”