How might Bitcoin change the future of finance

Tom McKay

How might Bitcoin change the future of finance? From publishing to education to scientific research, trust is gradually moving away from big institutions towards networks of individuals. At its core, that's what Bitcoin represents, decentralised trust. We are placing our trust in another person versus in government, a bank, a currency or even an organisation like PayPal. Bitcoin might fail. It might be declared unlawful or it might become a legitimate currency. Who knows at this point? But the end outcome is almost irrelevant. Because in the same way that Napster paved the way for a music revolution, Bitcoin is a sign of things to come. There is a much deeper paradigm shift happening - not just in the way we think about money, but in where we place our trust. If you don't understand the virtual currency - here's a good place to start: (VIEW LINK)


About this contributor

Tom McKay

Tom McKay

Managing Director and Co-Founder, Livewire

I'm the Managing Director and Co-Founder of Livewire. I'm passionate about collecting and curating the markets most informed insights every day so that our members can discover new investment ideas. If you would like to get in touch - please use...

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