THE BITCOIN ECOSYSTEM

Bitcoin is a powerfully magnificent ecosystem that decouples the concepts of trust and value from the need to have a centralized trusted party to facilitate trustexchanges and valueexchanges With Bitcoin trust can be truly manufactured for the first time in transactions of financial consequence In many ways the Bitcoin paradigm is in line with todays marketplace shifts the shifting of centralized management to selfmanagement in the workplace the rewiring of markets to bring buyer and seller interactions closer together rather than relying on centralized intermediaries and the proliferation of platformbased business strategies that use supplyside economies of scale to open up businesses from the inside out ie Uber and AirBnB Bitcoin is a foundational disruptive technology It lays the foundations for disruptive innovations in concert with the use of blockchain structures In many respects Bitcoin and the rise of all cryptocurrencies in the modern mainstream encourages broader embrace of blockchainenabled digital transformations to occur across both businesses and industries such as education energy healthcare telecommunications transportation etc While Bitcoin was the first widespread use of a blockchain construct in the global domain there are numerous inherent advantages of blockchain ecosystems Bitcoin leads the pioneering charge in both the concepts of the Trust Economy and the Internet of Value It will also be interesting to see the various intersections and junctures between the world of cryptocurrencies within the frame of current digital social experiences 302 Pages FullColor Gloss Cover Paperback