On the Matter of Why Bitcoin Matters — The Magazine on Medium — Medium

Final paragraphs of an assessment of Marc Andreessen's Bitcoin essay

"The surprising part to me in this essay is the conclusion:
Far from a mere libertarian fairy tale or a simple Silicon Valley exercise in hype, Bitcoin offers a sweeping vista of opportunity to reimagine how the financial system can and should work in the Internet era, and a catalyst to reshape that system in ways that are more powerful for individuals and businesses alike.  

On that, we both agree. Bitcoin shows a path for massively more secure, reliable, and sensible ways to store value and move it around. As a currency, I have little faith that it will become a replacement for dollars, euros, or renminbi. As a model for a future payment and transaction system, I believe it’s already shown its value."

On the Matter of Why Bitcoin Matters — The Magazine on Medium — Medium