Why Bitcoin and Blockchain Are Just Getting Started

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Dan Elitzer is a member of IDEO Futures, a new ventures group focused on prototyping and incubating new businesses, with a personal concentration on ventures utilizing Bitcoin and blockchain technology. Prior to IDEO, Elitzer perceived his MBA during MIT Sloan, where he co-founded a MIT Bitcoin Club and MIT Bitcoin Project.

This essay was created by Elitzer in and with his colleagues at IDEO Futures – Joe Gerber, Reid Williams, Diego Rodriguez, Piper Loyd, Ted Ko and Eric Chan.

In a opinion piece, a group looks during recent challenges facing bitcoin, and demonstrate their belief that bitcoin and blockchain reason as most guarantee as they did a year ago.

Starting runners

What is Bitcoin good for, if not an occasional sip of drama?

Readers of a new New York Times piece, “The Bitcoin Believer Who Gave Up“, have been justly endangered about a destiny of bitcoin. But there stays most some-more guarantee for bitcoin and blockchain than readers competence reap from this singular snapshot.

Yes, there are poignant technical and governance hurdles for scaling bitcoin. The series of exchange a network can routine currently is distant too low and a confidence and program growth strong in too few hands.

None of a concerns raised

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