Bitcoin Brought Us a New World We Could Have Only Imagined

gepubliceerd op by Coindesk | gepubliceerd op

In the 10 years since the bitcoin white paper was released, our understanding of the world around us has changed.

Bitcoin opened our eyes to the fact that we can change money.

Bitcoin's solution to the double-spend problem went beyond its network; it solves a virtual world problem by guaranteeing unique ownership of any piece of data.

Bitcoin demonstrated one of the first significant, widespread, public applications for public key infrastructure, leveraging it for verification of user identities and facilitation of transactions.

Bitcoin gives us a new way to connect across jurisdictions, opening up new economies.

In introducing a better money system, bitcoin highlighted what was wrong with our existing banking system.

The white paper laid out bitcoin's long-term ability to save us from ourselves.

That's how BitGo came to be; I was storing Bitcoin for my friends on an air-gapped laptop stored beneath my living room couch.

If you had told me in 2012, when I first read the white paper, that I'd end up holding millions of dollars of bitcoin on a laptop that would lead to a security solution for billions of dollars worth of digital assets around the world, I don't know if I could have imagined it.

In the 10 years since the release of the bitcoin white paper, our world has been changed indelibly - but this is just the beginning.

x