John Biggs ( @johnbiggs ) is a writer based in New York. After spending years as a programmer, Biggs decided to become a full -time journalist. His work has appeared in publications like the New York Times, Gizmodo and Men's Health. Biggs is currently in TechCrunch editor and CEO of the stealthy startup based on Bitcoin, Freemit .
This text detailing why you think Bitcoin is destined for success.
A week ago I was in Belgrade attending a symposium on " block chain ".
The composition of the speakers was typical: a young plugged into venture capital, a major banker and criptoanarquista with a shirt. I was watching a movie called "Bitcoin is good and bad" for the umpteenth time . I knew what was happening, but I could not help but attend.
The talk started normally: the young venture capital said he liked the chain block but she was doubtful about Bitcoin , the elderly gentleman said Bitcoin was bad, and the anarchist remained silent. He stopped to talk to the banker. The banker said Bitcoin was untraceable. That is false. The criptoanarquista remained silent. Bitcoin is "the bubble oftulips , " said the guy. I could never work, he cried.
And the anarchist remained silent until the older man finished.
The anarchist calmly explained what the future held for Bitcoin and criptomonedas. He used convincing arguments he had used many times. While the banker laughed at his own jokes and the audience groaned when the guy venture capital had been speaking of chain blocks.
The anarchist won the argument with reasoned arguments.
Bitcoin nines
This is the picture of the discourse around Bitcoin at the end of 2015: a quiet discussion where people are those most piradas against Bitcoin . We have won.
I asked the anarchist, Aaron Koenig , what I was thinking when I was on stage and said:
"I've already spent too many times for this ..."
He was used to that kind of questioning, he knew how to handle them and how to ignore them. In fact, those who do not understand the criptomonedas and those who do not understand Bitcoin those who seem totally crazy these days. A change of fascinating panorama.
We are witnessing the dawn of a basically trajeado Bitcoin.
In the same way that Red Hat Linux turned into something that a technological department could use to replace Microsoft, new Bitcoin users are turning criptotecnologÃa into something that people can use to replace a bank.
The sum of decades of banking tradition has come to convince those within large financial institutions that is the right way to do things and it will be forever. Outsiders, the small group of sea monsters trying to find a new way to walk on land, they know that is not true.
There is an old quote that I love, written by Wilhelm Stekel but popularized by Holden Caulfiled in "The Catcher in the Rye":
"The mark of the immature man is wanting to die nobly for a cause, while the mark of the mature man wants to live humbly for a cause".
The true believer in Bitcoin need to memorize it. We have already won. We have gone beyond the era of wildly howling lunatics on digital gold and to governments.
We are in a position where we can make real and significant changes in the world, and to do that we need to listen more than you talk.
Unrest among investors
In my time as an entrepreneur related to Bitcoin, I saw a deep malaise grow within the investor class. They viso too crazy with bulging eyes that had a plan to put our DNA in the blockchain. They have seen crashing investments. They have been deceived by kids who write bank code in PHP and hosted on public servers. Now they have learned not to trust, to make their own technical research and objecting to every statement they hear.
But there is something to remember each investment scenario: the objections are a buy signal. Say what you want about guys with few lights stuck in the past: investors know that something is brewing.
In 1995, you had sweated blood to convince someone that the email was more than just a cool way of saying among scientists where to point a giant telescope in Peru.Until he came Hotmail, and usefulness of email became apparent . The same goes for any complex technology: Objections die when technology becomes part of the white noise of commerce, communication or reproduction.
Tucked into banks
So let them howl and stick howls. Let them tell you you're doing something wrong. None of their objections is real.
They're just trying to touch the balls, and you enzarces provoke a fight. But the fight was over. Bitcoin is tucked practically in all banks (they call it "research blockchain" but they are actually a couple of guys in the world Bitcoin, sitting in cubicles and by sending each other new items Coindesk) and there are investors willing to get into real products.
So goes the thing: no longer serve castles in the air. You're gonna get built. But when you build it they will come.
As we move forward we all will find new problems to solve and new businesses to ride.18 years ago I remember sitting on a plane listening to a guy who needed millions of dollars for Sun servers with the aim of setting up a web for a movie. Now, thanks to Linux and a lot of work with the final interface, that movie can use Squarespace. It will become simpler to use the Internet Money an as easier to use the Internet itself.
It takes time and requires a silent concentration. And finally, those people who remember being so mouthy about the bleak future of Bitcoin, are those most used.