BITCOIN DOES FOR MONEY WHAT THE INTERNET DID FOR PUBLISHING
While some people view bitcoin as a crypto-currency or wealth store (or even a religion), Mr. Vessenes described bitcoin as an asset class. He said it is a “distributed trust technology” where trust in a currency is no longer bound to a central bank, but across the Internet and via peer-to-peer networks instead. Bitcoin “does for money what the Internet did for publishing,” said Mr. Vessenes.
To read the original article: 5 Things VC Investors Should Know About Bitcoin - WSJ
