
Why Bitcoin Matters ?
“A mysterious new technology emerges, seemingly out of nowhere, but actually the result of two decades of intense
research and development by nearly anonymous researchers.Political idealists project visions of liberation and revolution onto it; establishment elites heap contempt and scorn on it.
On the other hand, technologists – nerds – are transfixed by it.
They see within it enormous potential and spend their nights and weekends tinkering with it.
Eventually mainstream products, companies and industries emerge to commercialize it; its effects become profound; and later, many people
wonder why its powerful promise wasn’t more obvious from the start.
What technology am I talking about?
Personal computers in 1975, the Internet in 1993, and – I believe – Bitcoin in 2014….
The practical consequence of solving this problem is that Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer.
The consequences of this breakthrough are hard to overstate.
What kinds of digital property might be transferred in this way?
Think about digital signatures, digital contracts, digital keys (to physical locks, or to online lockers), digital ownership of physical assets such as cars and houses, digital stocks and bonds …
and digital money”.
– Marc Andreessen, Founder of Netscape & well-known venture capitalist, 2014
Marc Lowell Andreessen
(/ænˈdriːsən/ann-DREE-sən;
born July 9, 1971) is an American entrepreneur, investor, and software engineer.
He is the co-author of Mosaic, the first widely used web browser; co-founder of Netscape; and co-founder and general partner of Silicon Valleyventure capital firm Andreessen Horowitz.
He co-founded and later sold the software company Opsware to Hewlett-Packard.
Andreessen is also a co-founder of Ning, a company that provides a platform for social networking websites.
He sits on the board of directors of Meta Platforms.
Andreessen was one of six inductees in the World Wide Web Hall of Fame announced at the First International Conference on the World-Wide Web in 1994.
Shared with 💚 by Free Spirit
✌ & 💚
- Running bitcoin – Hal FinneyJoin Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney. This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and … Continue reading Running bitcoin – Hal Finney
- 4th Year WordPress AnniversaryIt’s been 4 years already and it seems I haven’t done nothing at all… With the little time I could spare to work on this blog, I hope I bought a tiny seed … Continue reading 4th Year WordPress Anniversary
- Happy Genesis Block DayJanuary 3rd 2023 – Bitcoin 14th Anniversary Happy Genesis Block Day! January 3 is the 14th anniversary of Bitcoin’s Block Zero, its anchor in time. The first sentence of the email has become … Continue reading Happy Genesis Block Day
- Happy New Year 2023
- Computer Dude Inc.So – You want to be a Computer Dude? The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.” When we … Continue reading Computer Dude Inc.