Posts

Showing posts from 2014

A crypto-currency for crowdfunding and emerging socio-economic models

All current crypto-currencies are inherently broken by design. Every single one of them. The popularity and news flow surrounding them is encouraging, indicating an awareness that the old currency systems have failed us. But it’s time to move on, before we get stuck in many of the same pitfalls from the old system. And frankly the most popular crypto out there, bitcoin, is already beyond stuck in yesterday’s mentality. The others attempt to ‘fix’ some of bitcoin’s shortcomings, but then end up replicating key issues in the old currency paradigm.