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Peter Diamandis: Bitcoin Moving to a Very Disruptive Phase

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XPRIZE Foundation Founder Peter Diamandis: Bitcoin Moving to a Very Disruptive Phase

XPRIZE Foundation Founder Peter Diamandis: Bitcoin Moving to a Very Disruptive Phase submitted by BTCNews to BTCNews [link] [comments]

Peter Diamandis: Bitcoin Moving to a Very Disruptive Phase

Peter Diamandis: Bitcoin Moving to a Very Disruptive Phase submitted by rbhmmx to technology [link] [comments]

Peter Diamandis: Bitcoin Moving to a Very Disruptive Phase

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Peter Diamandis thinks bitcoin is about to enter it's disruptive phase

Peter Diamandis thinks bitcoin is about to enter it's disruptive phase submitted by danieldrehmer to Bitcoin [link] [comments]

Peter Diamandis in /r/Futurology AMA right now "[bitcoin] will become the predominant means of financial transaction for not only the developed world but the developing world...[regarding the expected future market cap] given that there are only 21 million bitcoins, you do the math"

Peter Diamandis in /Futurology AMA right now submitted by Automatic4ThePeople to Bitcoin [link] [comments]

Peter Diamandis, Founder, and Chairman of the X Prize Foundation #quoteoftheday /r/Bitcoin

Peter Diamandis, Founder, and Chairman of the X Prize Foundation #quoteoftheday /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

My Insights on Bitcoin: Going from Deceptive to Disruptive (Peter Diamandis)

My Insights on Bitcoin: Going from Deceptive to Disruptive (Peter Diamandis) submitted by haakon to Bitcoin [link] [comments]

Peter Diamandis: "My Insights on Bitcoin: Going from Deceptive to Disruptive"

Peter Diamandis: submitted by crazyflashpie to singularity [link] [comments]

Peter Diamandis: Technology is Dissolving National Borders - Bitcoin mentioned

Peter Diamandis: Technology is Dissolving National Borders - Bitcoin mentioned submitted by giulioprisco to Bitcoin [link] [comments]

Peter Diamandis, co-founder of Singularity University, shares his top tech picks for 2015. Bitcoin included :)

Peter Diamandis, co-founder of Singularity University, shares his top tech picks for 2015. Bitcoin included :) submitted by bittopia to Bitcoin [link] [comments]

Peter Diamandis, founder of X-prize & Singularity university, comments on Bitcoins future in /r/futurology AMA.

Peter Diamandis, founder of X-prize & Singularity university, comments on Bitcoins future in /futurology AMA. submitted by SingularityLoop to Bitcoin [link] [comments]

Why XPRIZE Founder Peter H Diamandis is Swapping Gold for Bitcoin

Why XPRIZE Founder Peter H Diamandis is Swapping Gold for Bitcoin submitted by DevTheDevBTC to Bitcoin [link] [comments]

Top Tech Picks for 2015 of Peter Diamandis (including Bitcoin!)

Top Tech Picks for 2015 of Peter Diamandis (including Bitcoin!) submitted by kharv172 to Bitcoin [link] [comments]

Peter Diamandis thinks bitcoin is about to enter it's disruptive phase

https://plus.google.com/app/basic/stream/z13xjxboqkybuvciu04cedch1xr5wpmb13g
Bitcoin is moving from its Deceptive phase to a very Disruptive phase. This Blog is going to explain why, and what you may want to do.
I've been tracking Bitcoin since its inception, and my confidence has grown to the point where I'm now trading in a portion of my gold holdings for bitcoin, buying it and accepting bitcoin for the Abundance 360 CEO Summit.
What exactly is bitcoin?
For starters, bitcoin is a digital currency. As of right now, one bitcoin is equivalent to about $600 USD. Bitcoin is divisible down to 8 decimal places, or 0.00000001 BTC. You can buy things with bitcoin, sell things for bitcoin, and exchange bitcoin for other currencies (and vice versa). You can also "mine" it, but we'll get into that later.
At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions... all good things.
Most importantly, it is an "exponential currency" that will change the way we think about money. Much the same way email changed the way we thought of mail. (Can you remember life before email?)
If you've followed my work, or participated in my Abundance 360 Summit, you understand that I teach and track exponential technologies using my "6 D's" approach, looking for "user interface moments."
Bitcoin is following the 6Ds and is on a path to go from deceptive to disruptive over the next 1 - 3 years. Allow me to explain.
Why Bitcoin is following the 6 D's
  1. DIGITIZED: Bitcoin is digitized money -- it is a global, purely digital currency. Every bitcoin is traded, earned, sold, exchanged and bought in cyberspace. For this reason, it is living on Moore's law and hopping on the exponential curve.
  2. DECEPTIVE: Bitcoin software was released to the public in 2009 and for the first few years has been growing in its deceptive phase. Few heard about it, few used it and accepted it. In addition, the currency has been hard to use; therefore, it hasn't had its "User Interface Moment" (the key transition from deceptive to disruptive). More soon.
  3. DISRUPTIVE: As described below by my friend Barry Silbert (founder of Second Market), Bitcoin is about to enter its disruptive phase where its rate of acceptance and use will explode, as will its value. See below.
  4. DEMATERIALIZING: Bitcoin is eliminating or dematerializing the use of physical money (bills and coins), even credit cards. But more than that, it is also dematerializing (read: eliminating) the need for central banks, lawyers and currency exchanges.
  5. DEMONETIZING: Bitcoin eliminates middlemen (banks, lawyers, exchanges) and demonetizes the cost of transactions. No fees. It makes it cheaper to use, spread and share money.
  6. DEMOCRATIZING: Bitcoin makes access to capital available to everyone, where there are no banks, no ATMs and no credit card suppliers. Ultimately, as we move (over the next 6 years) to a world of 7 billion digitally connected humans, Bitcoin makes currency available to anyone with a connection to the internet.
Bitcoin's Evolution - Why it will be Disruptive Soon
My friend Barry Silbert (founder of Second Market) recently spoke as my guest at Singularity University's Exponential Finance conference about Bitcoin. He provided an excellent overview of its near-term trajectory, summarized below. His input has also put me on the lookout for the "User Interface Moment" - that moment in time when an entrepreneur designs a piece of interface software (think Marc Andreessen and Mosaic) that makes it so easy to use bitcoin.
I'll be reporting on those user interfaces, investing in those startups and helping to promote them.
Okay, now back to Barry Silbert's insights. Barry outlined five phases for this digital currency that help explain where it's been and where it's going.
Phase 1: The period 2009 to 2011 was the early 'experimentation phase' for bitcoin (i.e. deceptive). Here the software is released to public and most technologists and hackers started playing with the code. During this phase, there was no apparent value to currency yet; mining bitcoin was easy and could be done by a single person on a MacBook or PC.
Phase 2: 2011 marked the beginning of the 'early adopter' phase (still deceptive). There was a lot of early hype and press around Silk Road (where you could buy drugs). The value went from less than $1 to over $30, then crashed. This spurs the first generation of bitcoin companies to build basic infrastructure: wallets, merchant processors, mining operations, exchanges, etc. - i.e. the early user interfaces.
Phase 3: 2012 thru mid-2014 marked the beginning of the 'Venture Capital Phase.' Folks like Marc Andreessen, Google Ventures, Benchmark and others have begun investing in Generation 2 Bitcoin companies. We are right in the middle of Phase 3 right now. Thousands of bitcoin companies are getting funding. Many of these are trying to create the "User-Interface Moment."
Phase 4: Fall 2014 thru 2015 will like see the start of the Wall Street Phase. Here we will begin to see institutional money acknowledging digital currencies as an asset class, and they will begin trading it, investing it and creating products around it. This marks the start of the disruptive phase.
Phase 5: Finally will come the 'Mass Global Consumer Adoption' phase -- this is where bitcoin becomes a major player in the global economy. When consumers feel it is easy, safe and secure to use bitcoin. It won't be possible until after the "User Interface Moment" materializes, but I believe, as does Barry, that this is only 1-2 years out.
So now what?
Learn, do, teach... Go experiment! Create a bitcoin wallet and buy some bitcoin. There is no better way to learn than by doing.
First, there are a few bitcoin exchanges where you can "buy" bitcoins with dollars (or other currencies). The most popular exchanges are:
Coinbase (www.coinbase.com) Bitpay (www.bitpay.com) For those of you in my Abundance 360 Community, we will be discussing bitcoin in more detail. We will talk about how they work, how you start investing, how you mine, how you get involved, how to create a wallet, and how to begin acquiring bitcoin.
If you aren't a member yet, join us here: http://www.a360.com
Best of luck, Peter
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Peter Diamandis: Technology is Dissolving National Borders - Bitcoin mentioned

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[multi-mod] Peter Diamandis, founder of the XPRIZE Foundation and co-founder of the Singularity University, thinks bitcoin is about to enter it's disruptive phase (xpost from r/bitcoin)

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[AutoModerator] Peter Diamandis thinks bitcoin is about to enter it's disruptive phase

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Peter Diamandis thinks bitcoin is about to enter it's disruptive phase

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Why XPRIZE Founder Peter H. Diamandis is Swapping Gold for Bitcoin

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Why XPRIZE Founder Peter H Diamandis is Swapping Gold for Bitcoin

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[AutoModerator] Peter Diamandis thinks bitcoin is about to enter it's disruptive phase

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Docu Bitcoin - The Bitcoin Gospel Abundance & Implications Of Exponential Change - Peter Diamandis (Singularity University) Bitcoin  Ask an Expert  Singularity University Ivar Moesman on Bitcoin (Shanghai November 2015) Abundance - Change Your Mindset and Earn Bitcoin!

Die mit abstand führende Kryptowährung Bitcoin macht in der Finanzindustrieden die größte Revolution in letzten hundert Jahren. Einige von Ihnen mögen der Bitcoin- und Blockchain-Technologie immer noch skeptisch gegenüber stehen, aber viele der führenden Politiker der Welt, Ökonomen, Branchenexperten, CEOs und Investoren haben ihren Wet erkannt und laut gesagt, was sie wirklich denken. Bitcoin is moving from its Deceptive phase to a very Disruptive phase. This Blog is going to explain why, and what you may want to do. I’ve been tracking Bitcoin since its inception, and my confidence has grown to the point where I’m now trading in a portion of my gold holdings for bitcoin, buying it and accepting bitcoin for the Abundance 360 CEO Summit. Bitcoin is a type of electronic currency known as cryptocurrency. The cryptocurrency is "decentralized", meaning that, unlike fiat currency, it does not rely on central point of controll. No one can create more bitcoins and no single person can influence bitcoin transactions. Due to this decentralized nature, everyone can get a copy of the bitcoin ledger and see all of the bitcoin accounts ... Diamandis said he has been tracking bitcoin since its inception and his confidence has grown to such an extent that he is even trading in a portion of his gold holdings for bitcoin. – Peter Diamandis. 14. “Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency. In the end, currency will be better for it.” – Edmund C. Moy. 15. “There is so much potential, … I am just waiting for it to be a billion dollar industry.” “Wow, Silk Road actually works” – Charlie Shrem . Bitcoin Profit. User Rating. 94% Coininsider ...

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Docu Bitcoin - The Bitcoin Gospel

#bitcoin #ethereum #cryptocurrency. Abundance & Implications Of Exponential Change - Peter Diamandis (Singularity University) Crypt0. Loading... Unsubscribe from Crypt0? Cancel Unsubscribe ... Ivar Moesman (@ivarivano) on exponential growth of technology, how it disrupts existing industries and some learnings and implications. Second part is all about Bitcoin. Bitcoin starts at: 10:00 ... S1:E4 Catheryne Nicholson, CEO and Co-founder of block chain API company BlockCypher, replies to questions about Bitcoin and block chain technologies. She discusses the ethics of Bitcoin, micro ... "The Bitcoin Gospel" is a 2015 documentary originally broadcasted by VPRO Backlight. Is bitcoin the blueprint for a bankless currency, or the biggest pyramid... Abundance is available for both iPhone and Android: https://goo.gl/NcyOrM This FREE bitcoin game (from Bitcoin Aliens) is the only FREE "Money Mindset" App that also actually GIVES YOU MONEY ...

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