Bitcoin Offers ‘Last Chance for Peaceful Monetary Revolution,’ Says Advocate

Few have a better understanding of the deep implications of
blockchain technology as Jon Matonis. As a founding Director of the Bitcoin Foundation (He resigned as the group’s executive director in 2014), as well as a member of the editorial board for
CoinDesk, he has a unique understanding of both the deeper aspects as well as the day to day flows of this industry. We sat down with him to discuss the implications of everything from private blockchains to bitcoin as an investments fo portfolio managers.

Why are you interested in bitcoin and blockchain technology?

I am interested in the Bitcoin and Bitcoin’s Blockchain technology for one fundamental reason. It provides a technological platform for the issuance and maintenance of a completely decentralized digital bearer asset. As the legal permissible limits for paper cash transactions is reduced around the world and governments usher in the pro-surveillance cashless “utopia,” Bitcoin most likely will provide society’s last chance for keeping the monetary revolution peaceful.

Bitcoin does not create any new currency attributes then we enjoy today with paper cash. Bitcoin simply allows us, as individuals and

Read more ... source: TheBitcoinNews

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