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The belief that the value will rise is only a minor part of my interest and investment in Bitcoin. My primary reason is a belief in the increase of its abilitie
by deftnerd 13y ago
The belief that the value will rise is only a minor part of my interest and investment in Bitcoin. My primary reason is a belief in the increase of its abilities and usefulness. Having programmable money opens a whole bunch of possible opportunities that haven't even been conceived yet. At the very least, it offers opportunities to disrupt the business practices of a lot of notaries, title companies, gambling operators, wire transfer companies, transparent systems for non-profit finances, etc.
The concept of an open distributed ledger that doesn't require you to trust the parties you are dealing with is exciting.
Simply put, I think its the future of monetary transfer. Perhaps not a good system to replace daily transactions, but certainly a good system for bulk transactions and to build a whole new generation of finance.