Nerd Money with Warren McPherson
14 June, 2016 at 07:30 PM
The outrage, the greed, the cryptography, the possibilities!
- Crypto Literacy - a quick kindergarten class of the foundational ideas that enable the current crop of "Applied Cryptography" applications.
- Innovation of Bitcoin - After a hundred failed attempts to create digital money the innovations of Hashcash and Bitcoin Mining turn out to be the enablers for a new internet epoch.
- Blockchains and Society - Polarizing emotional debates where people arguing contradictory positions all imagine themselves to be defending the little guy.
The dichotomy between open Bitcoin community and advocates of private, permissioned blockchains.
Significance of "Permission-less Innovation"
Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.
It's gold for nerds.
I think it's rat poison.
You can't stop things like Bitcoin.
Bitcoin at its most fundamental level is a breakthrough in computer science - one that builds on 20 years of research into cryptographic currency, and 40 years of research in cryptography, by thousands of researchers around the world.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.