Friday, January 19, 2018

It is just a micro-priced internet

Take the current digital money systems based on central banking. Make the protocols open source and we get the Internet with micro-pricing  becoming the banking system. It is about exposing and standardizing.

This is a transformation that is fraught with difficulty for the investor.  Think of the original person who had the task of driving around and getting agreement on the ten page TCP/IP protocol.  There was no investment opportunity, no company.  Investment comes after the agreement.

Blockchain is one of the valuable sideshows, do not let it get out of proportion.

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