Almost a decade ago, Satoshi Nakamoto, the creator of Bitcoin, silently disrupted trust-providing organizations, like banks, with an eight-page long research paper describing how money can be decentralized (through Bitcoin). At the time, not many people understood the potential that those eight pages concealed within themselves.

The potential isn't just in decentralizing money — but in decentralization itself. In those eight pages, Nakamoto didn’t just explain how we can regain control over our money — he offered a new way for strangers to safely collaborate with each other.

Here, we discuss five different ways blockchain will fit into your company in less than ten years from now.

Because of its unique properties, blockchain technology can be used in many different industries, ranging from banking and accounting to the entertainment industry.

Contracts

What would you call a business that isn’t “doing bus...

I'm Jimmy Song from Austin, Texas and currently a Venture Partner at Blockchain Capital LLC.

I'm a Bitcoin Educator, Developer, Entrepreneur and currently the top writer in Bitcoin on Medium. You can check out some of my writings on Medium here or follow me on Twitter here.

I'll be answering thoughtful, deeper questions around Bitcoin & Blockchain on Friday June 8, 3-4 PM Pacific Time. Ask me anything!

PS: You should check out my interactive 2-day seminar, where you'll make your own Bitcoin library from scratch! Click here to sign up: http://programmingblockchain.com/

For every complex problem there is an answer that is clear, simple, and wrong. — H. L. Mencken

The Current System

Imagine Joe is your best friend. He’s traveling overseas and on the fifth day of his vacation he calls you and says: “Dude, I need some money. I’ve completely run out.”

You, being the nice person you are, reply “sending some right away,” and hang up.