A payment conducted with bitcoin represents a paradigm shift in our concept of money - one where there is no division between currency and the system through which it flows.

How can the state levy taxation on that which they do not issue and cannot control?

Ethereum today is where bitcoin was in 2010 – raw infrastructure, lack of developers, and plenty of skeptics.

The ability to create something that is not duplicable in the digital world has enormous value.

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