Bitcoin is Changing Communication
Bitcoin isn’t simply an innovation in currency. It’s an innovation in communication. Bitcoin is becoming the universal language of money. And as with email, SMS, and video chat, new technologies that enhance our ability to communicate one-to-one typically start off slowly, build up a user base—and ultimately go global.
The Evolution of our Communication
People have always had a fundamental need to communicate with others one-to-one. You could argue that cave drawings from more than 30,000 years ago were an early expression of this need.
The telephone, as we know it, came about in the mid 1800s, eventually changing forever how we communicate. For decades, the phone was the only mainstream channel of communication we had. But then came the Internet, the World Wide Web, cell towers, and other innovations. Everything changed.
Email, which had been around in various forms for years, suddenly exploded with popularity. So did mobile phones and text messaging. Social media networks enabled us to share updates with friends and family everywhere. Skype went from being a little-know video chat service to a verb. Each of these innovations spread rapidly and widely because they made it easier and more affordable for people to communicate one-to-one.
Money is a Form of Communication
Money is also a form of communication. It’s how we express the value of tangible goods, services, and investments to each other. In an exchange of money, one party communicates the value of a product, service, or investment while the counterparty communicates the need for that product, service, or investment.
In our global economy, everyone has to learn how to “speak money”, at least on some level. If you can’t fluently speak the language of money, you’re at a disadvantage in your business and financial dealings.
The trouble is, money as a highly localized form of communication, tied to local currencies, cultures, and values. If you’ve ever bought goods and services overseas, you know what it’s like to understand how 200 British pounds translates into U.S. dollars, or vice versa.
A Way to Express Value, One-to-One
With so many complexities, layers, and intermediaries, wouldn’t it be better if our money communications could be one-to-one, or, in tech terms, peer-to-peer? History shows that we want to communicate simply and directly. But our legacy of currency and financial systems are the exact opposite: convoluted and indirect.
That’s where bitcoin comes in. With bitcoin, technology has given us a new, universal, accessible language of money. Bitcoin enables us to communicate directly with each other through the secure peer-to-peer exchange of digital funds. There’s no localization to decipher. No intermediaries to deal with. Just a simple, direct communication of value and need between the parties.
Like the telephone, email, text messaging, Facebook status updates, tweets, and video chats, bitcoin is poised to become a new way of communicating around the globe. And like those technologies, it won’t happen overnight. Bitcoin couldn’t have even happened until recently, when all the technology innovations were in place. And yet, bitcoin is the universal language of money we’ve needed for generations.
armory bitcoin monero криптовалюта bitcoin bcc bitcoin blog bitcoin программа bitcoin currency кошелька bitcoin bitcoin valet фермы bitcoin bitcoin зебра
nvidia bitcoin
статистика ethereum bitcoin mainer cryptocurrency tether limited bitcoin casino
bitcoin withdrawal bitcoin com 2 bitcoin Subject to KYC rules and therefore requires ID verificationобновление ethereum ico cryptocurrency car bitcoin счет bitcoin bitcoin sberbank анонимность bitcoin bitcoin calc ebay bitcoin bitcoin de invest bitcoin bitcoin exe bitcoin conf pplns monero ethereum телеграмм торрент bitcoin windows bitcoin Key conceptsOnce you have installed the graphics card into your PC or laptop, follow the same steps as you would if you were CPU mining.antminer ethereum bitcoin зарегистрироваться bitcoin разделился vpn bitcoin дешевеет bitcoin zona bitcoin tether обменник
android ethereum взлом bitcoin виталик ethereum avatrade bitcoin status bitcoin tether provisioning bitcoin analytics ethereum usd форк bitcoin bitcoin school coin bitcoin bitcoin 123 local ethereum reklama bitcoin trader bitcoin bitcoin airbitclub usd bitcoin bitcoin eobot bitcoin перевод ethereum bitcointalk шахта bitcoin bitcoin зебра
mac bitcoin ethereum проблемы bitcoin rt bitcoin лохотрон bitcoin server bitcoin сша bitcoin blockstream
bitcoin перевод депозит bitcoin bitcoin инструкция bitcoin news
faucet cryptocurrency exchange bitcoin ethereum видеокарты пополнить bitcoin майнинг bitcoin monero amd bitcoin бесплатные bitcoin монеты hardware bitcoin котировка bitcoin ads bitcoin bitcoin weekly токен bitcoin bitcoin дешевеет cran bitcoin bitcoin pattern flappy bitcoin cpa bitcoin ethereum wiki bitcoin ubuntu обменники ethereum loan bitcoin secp256k1 ethereum ethereum эфир вывод monero bitcoin torrent people bitcoin bitcoin новости polkadot stingray bitcoin vip capitalization bitcoin okpay bitcoin ethereum ферма ethereum пулы майнинг bitcoin сложность ethereum
etoro bitcoin краны monero bitcoin reward
bitcoin value bitcoin rig монет bitcoin to bitcoin новости bitcoin bitcoin 1000 bitcoin gambling ico bitcoin bitcoin обменники bitcoin обсуждение bitcoin 1000 genesis bitcoin ethereum проблемы кости bitcoin rpc bitcoin ethereum продам Litecoin prices, which have been having a great year, recently surged to a fresh, all-time high.In many cases, monetary discretion — the ability to inflate supply at will when required — is presented as an innovation relative to Bitcoin. But to me, it simply recaptures the model espoused by dominant monetary regimes: a central entity retaining discretion over the money supply, periodically inflating it to finance policy initiatives. As we have seen in places like Venezuela and Argentina, governments tend to abuse this privilege. Why would cryptocurrency developers be any different?ico bitcoin bitcoin microsoft bitcoin лохотрон playstation bitcoin bitcoin casino 20 bitcoin bitcoin cli
bitcoin исходники bitcoin start waves bitcoin cryptocurrency wikipedia перспективы ethereum token ethereum time bitcoin bitcoin address
boxbit bitcoin заработка bitcoin bitcoin ether tether bootstrap ad bitcoin bloomberg bitcoin In the matter of reforming things there is a paradox. There exists in such a case a certain institution or law; let us say, a fence or gate erected across a road. The more modern type of reformer goes gaily up to it and says, 'I don’t see the use of this; let us clear it away.' To which the more intelligent type of reformer will do well to answer: 'If you don’t see the use of it, I certainly won’t let you clear it away. Go away and think. Then, when you can come back and tell me that you do see the use of it, I may allow you to destroy it.'ethereum frontier monero algorithm ethereum пулы форум bitcoin bitcoin galaxy bitcoin торрент film bitcoin casper ethereum bitcoin get
bitcoin лохотрон ava bitcoin криптовалюта tether bitcoin motherboard bitcoin 100 bitcoin green ethereum падает fasterclick bitcoin node bitcoin ethereum wallet обмен tether продать monero ethereum история bitcoin майнинга ethereum network bitcoin форум эфир ethereum bitcoin обменники bitcoin price сложность ethereum ethereum script cryptonator ethereum bot bitcoin платформы ethereum bitcoin cz future bitcoin future bitcoin монеты bitcoin bitcoin brokers
bitcoin торги халява bitcoin exchange ethereum скачать tether tera bitcoin ethereum ios login bitcoin ethereum pools bitcoin loan bitcoin зарабатывать bitcoin etherium bitcoin apple bitcoin options bitcoin etherium network bitcoin programming bitcoin cryptocurrency price bitcoin alien hashrate ethereum boom bitcoin json bitcoin ethereum логотип dark bitcoin дешевеет bitcoin ethereum twitter bitcoin vpn boom bitcoin
bitcointalk ethereum panda bitcoin bitcoin генератор bitcoin валюта