Brock Pierce: Why Bitcoin & Cryptocurrency Will Take Over & Will Change Your Life Forever
The new paradigm is the blockchain. After incubating through millions of Bitcoin transactions and a host of developer projects, it is now on the tips of tongues of CEOs and CTOs, startup entrepreneurs, and even governance activists. Though these stakeholders are beginning to understand the disruptive potential of blockchain technology and are experimenting with its most promising applications, few have asked a more fundamental question: What will a world driven by blockchains look like a decade from now?
Is blockchain technology the new internet?
The blockchain is an undeniably ingenious invention ā the brainchild of a person or group of people known by the pseudonym, Ā Satoshi Nakamoto. But since then, it has evolved into something greater, and theĀ main question every single person is asking is: What is Blockchain?
By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology.
Bitcoin has been called ādigital gold,ā and for a good reason. To date, the total value of the currency is close to $9 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you donāt need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why itās considered revolutionary.Ā
If you enjoy disruptive technology.....stand by. More to come!
Donald Grandy
Precision Nutrition Certification - Pn1
Sport and Exercise Coach
dongrandy@gmail.com
*This content is strictly for informational and educational purposes only. It is not intended to provide financial or investment Ā advice or to take the place of investment advice from aĀ professionalĀ financial manager. All viewers of this content are advised to consult their financial or other qualified investment professional regarding specific financial questions.Ā
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