Establishing the Central Bank of Bitcoin

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Futurist Thomas Frey: The year is 2024. It seemed like a piece of nostalgia to open a new bank account and get a free toaster, but this wasn’t any ordinary toaster, and it certainly wasn’t any ordinary bank. The new Internet of Things Toaster was one of the coolest gadgets of all times, and the Global Bank of Bitcoin was a charter member of Bitcoin’s new Central Bank based in Luxembourg.

 

 

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Banking with startups a growing trend

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Majority of the people in the U.S. could be “banking” with startups in the next three to five years.

For investors and entrepreneurs, when looking for opportunity in the financial industry where technology can have the greatest impact, the best place to start has been with one of our oldest institutions: banks. However, while critical to our economy, banks are generally inefficient, have high fixed costs and don’t exactly elicit happy thoughts from the average consumer. It’s for these reasons, among others, that the biggest opportunities in the financial world revolve around the disintermediation of these banks and core financial services.

 

 

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Disrupting Government – Why Countries Will Soon Have to Compete for their Citizens

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Futurist Thomas Frey: In 2002, Roger Ver was honing his entrepreneurial skills by selling products on eBay. It was in the aftermath of the Twin Towers disaster when one of his products called “Pest Control Report 2000” hit the radar of Homeland Security and he was charged and convicted of selling 14 pounds of explosives without a license.

 

 

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‘Bitcoin Jesus’ promises the rich a tax-free paradise

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‘Bitcoin Jesus’ – Roger Ver

In the workd of cyber-currencies, Roger Ver is known as “Bitcoin Jesus.”  Though he can’t promise you heaven, he is offering a haven: a condo in the Caribbean that comes with a new passport and almost zero taxes. Ver is an ex-U.S. citizen, ex-convict, millionaire investor, self-described libertarian and founder of Passports for Bitcoin.

 

 

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Bitcoin will go far beyond payments in the future

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Bitcoin and other digital currencies have captured the attention of the media, entrepreneurs, and regulators. The coverage has described exchange meltdowns, price volatility, and government crackdowns. However, the focus on Bitcoin as a currency may distract businesses and governments from its disruptive impact: as a technology.

 

 

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Bitcoin is not only digital currency, it’s Napster for finance

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Bitcoin will start its transformation from a mere currency into an entire open-source.

Bitcoin’s valuation didn’t just skyrocket in 2013, but its infrastructure, services, and adoption exploded as well, culminating in recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as payment.

 

 

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There are now 83 (and counting) cryptocurrencies in the world

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In the cryptocurrency world, Bitcoin (and Litecoin) garner the most attention, but there are now 83 (and counting) virtual currencies to store your wealth in. Bitcoin’s market cap is over $10 billionis and is by far the highest but we wonder whether the miasma of mimiccers – from Unobtainium to the ironically-named StableCoin and from ‘Philospher Stones’ to HoboNickels – serves to reduce the confidence in Bitcoin as a new method payments, or bolsters it as the clear market winner.

 

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Top 10 predictions for Bitcoin in 2014

The use of Bitcoin will evolve beyond ‘store of value’ or ‘transactions’

There was a lot of speculation and excitement about Bitcoin in 2013. A good way to start 2014 is with a list of predictions for Bitcoin. These predictions are based on growth patterns of similar networks, the traction in various ecosystem activities last year, and conversations with various Bitcoin enthusiasts.

 

 

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