Note: reposted from Medium.com (where it’s getting a lot of traction): https://medium.com/business-startup-development-and-more/d609eef3e6cb.
Forget about Crypto-Currency, Here Comes Crypto-Finance
If youâ€™ve been following the Bitcoin movement, youâ€™ve seen it grow, since its inception five years ago, from idealogical experiment to fully-fledged currency with its own ATM machines, billionaire investors and billion dollar marketplace and yes, place on the world stage. Youâ€™ve seen the introduction of bitcoin-mining specific hardware (that costs more than many people can afford). Youâ€™ve seen Silk Road, Overstock, massive heists and massive problems, regulations and crackdowns by various governments and organizations while others embrace, or allowâ€Šâ€”â€Šwhile they look for ways to make money offâ€Šâ€”â€Šor regulate it. Youâ€™ve seen the creation of Bitcoin alternatives from Litecoin to Dogecoin and the ill-fated Coinye, to the recent Icelandic nationalized Auroracoin; in short, youâ€™ve seen incredible growth for this experiment in virtual, decentralized currency but, I believe, you ainâ€™t seen nothing yet. Continue reading Bitcoinâ€™s Baby