Crypto Currencies Will Eat the World

in #crypto6 years ago

In 2011, Legendary Silicon Valley VC, Marc Andreesen famously wrote an article entitled “why software is eating the world”, discussing the meteoric rise of companies like Twitter and Facebook.

The decentralized revolution led by Bitcoin will do the same. It's touching everything.

Bitcoin, Litecoin, Dash allow us to do without fiat.

Smart contracts allow programmers and code to replace lawyers and laws.

ICOs allow investors to do without brokers, regulations, and heck, even without stock markets.

DAOs (decentralized autonomous organizations) allow rigorous, leaderless cooperation.

Crypto currencies are giving us censor proof message boards and social networks, markets, governance, content delivery. One category of crypto currencies is trying to replace AdSense. Another is trying to replace Google search. Many are competing for different content delivery niches, from books to music.

I can imagine my son regarding today’s invincible tech titans — Google, Facebook, Amazon — as uncool companies from a bygone era.

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