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May 28, 2013

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mike riddell

My bet is that the successor to Bitcoin will be the next big thing and won't as you say come from Apple or Facebook or America.

The next killer app, according to Don Tapscott, will be the one for saving the planet.

The platform that empowers others to self-organise and take collective action to bring about REAL CHANGE will be a currency.

Paul Peters

Money works via networks and entanglement, in the sense that Bitcoins, Eurodollars and commodity derivative are all ways to weave a value-web, and would be meaningless without the connections. Although a brandname can act as a currency, the network needs a minimal amount of nodes to connect with everything else for the currency to have any sort of value. These nodes are banks... but they don't have to be, and that is where things get tricky..

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