Reflections on Bitcoin – 8: The Coming Digital Anarchy
The pace of all things Bitcoin is picking up. On the tactical front, Expedia has announced that hotel reservations can be paid for with Bitcoin and processed through Coinbase, the Bitcoin payment processor. Expedia reportedly has plans to extend Bitcoin purchases to airline and car rental reservations in the near future. To Expedia, the new […]
Reflections on Bitcoin – 7
The value of a Bitcoin is up approximately 50% from recent lows. Does this mean just a spike among speculators, or does it reflect increasing belief in the fundamentals as described here numerous times? I see coinbase.com as a proxy for the future of Bitcoin. The company is based in San Francisco, California and claims […]
Reflections on Bitcoin – 6
Bitcoin may really take off in the ecosystem of college campuses. Two MIT students raised a half-million dollars and used the proceeds to give $100 worth of bitcoin to approximately 5,000 undergraduates on the Cambridge campus. The intention of the donors was to give students the opportunity to “learn, build, and experiment with the capabilities of cryptocurrency”. Coinbase, the digital […]
Reflections on Bitcoin – 5
Bitcoin continues to be volatile, having its ups and downs, just like a baby during infancy. Will BTC learn to walk, run, sprint? I think so. I always hedge my statements about BTC by saying it could go the way of Napster. It could, but I do not think it will. Mainstream bankers and others […]
DACS 22
On May 6th, the Danbury Area Computer Society will hold it’s monthly meeting, and it will be my honor to give a talk there about The Future of Healthcare and the Internet. This will be the twenty-second year in a row that I have shared my thoughts with this fine group. The meeting will be open to […]