The Internet of Money - Volume 2

Highlights

• Blockchain is one of the four foundational technologies (Blockchain, Proof-of-Work, P2P Network, and Cryptography) behind bitcoin, and it can’t stand alone.
• The whole point of a decentralized blockchain is that you don’t keep the information secure; you spread it out so thin there’s no place to attack it directly. That’s what makes it secure.
• Currency is the email of blockchains. Payments are the fundamental infrastructure that will enable density of adoption.
• if you want to buy any content that is effectively priced less than 5 dollars, the price you pay is a microviolation of your privacy. That is the micropayments system we have on the internet.