Here’s why 21 is the most exciting bitcoin company right now

Heres why 21 is the most exciting #bitcoin company right now

  • Last week, at the bitcoin conference Consensus, 21 CEO Balaji Srinivasan, a partner at Andreessen Horowitz, moved the company’s purview forward again.
  • Srinivasan frames bitcoin as the next major “system resource” in computing, something that will be a key component in every computer, just like a hard drive, RAM, and bandwidth.
  • Bitcoin, he says, can be the resource that computers trade with other computers (without you having to worry about it), creating a “machine economy.”
  • Once a computer can send a small amount of money as part of its operating system, “it can effectively rent or sell resources to other computers,” Srinivasan says.
  • “One way of thinking about it is, the 21 software makes bitcoin a part of your operating system,” Srinivasan says.

An ambitious plan to remove the friction from all Internet commerce.
Continue reading “Here’s why 21 is the most exciting bitcoin company right now”

Here’s why 21 is the most exciting bitcoin company right now

  • Last week, at the bitcoin conference Consensus, 21 CEO Balaji Srinivasan, a partner at Andreessen Horowitz, moved the company’s purview forward again.
  • Srinivasan frames bitcoin as the next major “system resource” in computing, something that will be a key component in every computer, just like a hard drive, RAM, and bandwidth.
  • Bitcoin, he says, can be the resource that computers trade with other computers (without you having to worry about it), creating a “machine economy.”
  • Once a computer can send a small amount of money as part of its operating system, “it can effectively rent or sell resources to other computers,” Srinivasan says.
  • “One way of thinking about it is, the 21 software makes bitcoin a part of your operating system,” Srinivasan says.

An ambitious plan to remove the friction from all Internet commerce.
Continue reading “Here’s why 21 is the most exciting bitcoin company right now”

Bitcoin’s biggest investor bought its leading news outlet

  • [Hearn, a bitcoin developer, declared that bitcoin had “failed” and that he was leaving the industry; it resulted in a media firestorm.]
  • Last week, CoinDesk reported some news about itself .
  • Yes, big financial institutions and banks, from Nasdaq to JPMorgan, have been on the “blockchain, not bitcoin” trend lately.
  • It is a source of news about bitcoin investments, price spikes or crashes, and executive hires, and it is a regular destination for journalists who write about bitcoin (as well as for bitcoin enthusiasts who don’t get paid to write about the currency).
  • I’m full time with the CoinDesk team.

Read the full article, click here.


@VRHax: “Bitcoin’s biggest investor bought its leading news outlet – Yahoo Finance”


From Yahoo Finance: Is there a conflict of interest in Barry Silbert owning CoinDesk?


Bitcoin’s biggest investor bought its leading news outlet