Bitcoin Chat

Daniel Roberts writes a competent overview of the state of Bitcoin chatter in early 2015. It captures the spectrum from “it’s the next Internet” to “if the miners starve, it’s all over” vividly. The most humorous moment:

Many in the bitcoin world believe that what the technology needs next, in order to prove itself, is a “killer app”, one useful tool that would be accessible and exciting to the mainstream population. For Roger Ver, that app is, which sources unused Amazon credits or gift cards from around the world and matches you with someone looking to get rid of theirs; that person orders the items you want, you send them bitcoin, and you get a discount on your order. “I don’t know anyone who wouldn’t be excited about 25% off at Amazon,” says Ver.

The global monetary order is going to be fundamentally revolutionized by offering a 25% discount at Amazon?

ADDED: Marc Andreessen and Balaji Srinivasan discuss Bitcoin-ecosystem investment (from March last year).

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