. In this research paper we hope to explain that the bitcoin currency itself is ‘just’ the next phase in the evolution of money – from dumb to smart money.
It’s the underlying platform, the Bitcoin protocol aka Bitcoin 2.0, that holds the real transformative power. That is where the revolution starts. According to our research there are several reasons why this new technology is going to disrupt our economy and society as we have never experienced before:
Everything You Need to Know About the Bitcoin Protocol - 0 views
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From dumb to smart money
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The Bitcoin protocol is the underlying platform that holds the real transformative power and is where the revolution starts. According to our research there are several reasons why this new technology is going to disrupt our economy and society as we have never experienced before:
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"We could have built a social element into Mosaic. But back then the Internet was all about anonymity."
Anderson: Assuming you have enough bandwidth.
Andreessen: That's the very big if in this equation. If you have infinite network bandwidth, if you have an infinitely fast network, then this is what the technology wants. But we're not yet in a world of infinite speed, so that's why we have mobile apps and PC and Mac software on laptops and phones. That's why there are still Xbox games on discs. That's why everything isn't in the cloud. But eventually the technology wants it all to be up there.
Anderson: Back in 1995, Netscape began pursuing this vision by enabling the browser to do more.
Andreessen: We knew that you would need some pro