I love technology, and love imagining technology as a platform for a better future for the planet. Using technology to advance humankind is elementary, as Bill Gates shared in a recent article on the topic of human health (http://mashable.com/2013/11/04/bill-gates-interview-human-health), and the grand benefit that technology bestows on humanity is the lowering of resource barriers to improving people's lives. That is why, at least to me, BitCoin is so interesting, since a universal currency would improve upon the highly inefficient process of resource delivery, purchasing, procurement, etc. in the delivery of social services worldwide. For example, charities accepting BitCoin can distribute funding to disparate parts of their organization with the benefit of lower overhead, processing or conversion fees.
BitCoin and Moral Hazard
BitCoin and Moral Hazard
BitCoin and Moral Hazard
I love technology, and love imagining technology as a platform for a better future for the planet. Using technology to advance humankind is elementary, as Bill Gates shared in a recent article on the topic of human health (http://mashable.com/2013/11/04/bill-gates-interview-human-health), and the grand benefit that technology bestows on humanity is the lowering of resource barriers to improving people's lives. That is why, at least to me, BitCoin is so interesting, since a universal currency would improve upon the highly inefficient process of resource delivery, purchasing, procurement, etc. in the delivery of social services worldwide. For example, charities accepting BitCoin can distribute funding to disparate parts of their organization with the benefit of lower overhead, processing or conversion fees.