Cultures everywhere are being redesigned along digital guidelines, creating what we would call diginomic lifestyles. As the world reshapes and redesigns itself, it is rapidly and optimally adopting the technologies required to maximize convenience.

Former Executive Editor of Harvard Business Review and current business book reviewer for CNN, noted that “money now is different … It is no longer a thing … it is a system. Money is a network. Few people realize that money, in the traditional sense, has met its demise."

Something BIG is happening in the area of world economics. It is the search for a system which will drastically alter our standard and way of living – one which will put an end to our use of cash, checks and personal credit.

The creator of bitcoin is one of the greatest disruptors in modern history, and this is reason enough not to want an identity attached to the source code.

In the long-run bitcoin technology will transform the distribution and access to information in a manner similar to internet and smartphone technology.

01

Nov 2014

What Is Money?

The need for money comes from the idea that we live on a planet with finite resources. Human desire is not limited, yet resources vary by scarcity and availability. Therefore, it is necessary to have a medium to exchange those resources which are not perfectly abundant. A unit of exchange is necessary to allocate resources among a population with theoretically limitless desire.