What The Bitcoin Revolution Will Look Like
What happens when the foundations of our financial system are disrupted?
“The Times 03/Jan/2009 Chancellor on brink of second bailout for banks”
That’s the message digitally etched into the first block in a chain that would eventually bring about the age of the Blockchain. Bitcoin.
That was in 2009. Since then, thousands of other Blockchain solutions have popped up, all staking their claim as the “future of x”. In 2018, the total market cap of all cryptocurrencies reached an all-time high of roughly $835 billion. This is a drop in the bucket compared with traditional markets, but for a market never before seen on the face of the earth, reaching that figure in 10 years is not to be sniffed at.
How Did We Get Here?
Since the dawn of humanity, we have needed to transact information and value. In early civilizations, this was easy, since tribes and villages were small. A small number of products and/or services produced by a small number of people. For the most part, transactions were between people who know each other.
As populations grew, so did the complexities of the economy. The number of products and services grew, and people unknown to…
