My absolute favorite tech industry analyst, Ben Thompson, wrote a terrific summary of Bitcoin a few weeks ago. For anyone not entirely familiar with Bitcoin and its implications on the world of technology, this is a must read post.
In his usual way, he cuts through to the heart of what makes Bitcoin so revolutionary and important:
“It’s about dispersed trust and digital scarcity, and the massive number of new applications that can be built on such concepts both similar yet wildly different from what is enabled by today’s Internet.”
https://stratechery.com/2015/21-inc-and-the-future-of-bitcoin/