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Dreams Reflected in Bitcoin

Love the dreamers– they make life worth living. Right now many are looking into bitcoin and seeing their dreams in the reflection.  And like all things bitcoin, this is playing out in public view, so we see other’s hopes and fears.  Unfortunately, a technology only fulfills a small percentage of the dreams– but I suggest we keep the dreams in mind and then try to fulfill them next time.  Some wrote up the WWW dreamers and telephone dreamers.

What are people dreaming into bitcoin?

Some dream of riches based on speculation exemplified by the Winklevoss Twins.

Some see it as a local currency that works to help support a community.  A sharing oriented community.  Center of interesting communities.

Some reporters love to write about Big Threats.  And others then get to say “No its Not

Some reporters see it as their chance to call the bubble.

Some hate gold and see bitcoin in that light.

Some love gold and see bitcoin in that light.

Some dream of a transaction system that does not take large fees.

Some see a very interesting mathematical and cryptographic system.

Dream of a whole new world of finance based on it.

Some see an analogy to the Internet/World Wide Web, with magazines, trade shows, community driven protocol improvements, multiple clients, and an association.

A system that can built on to build other systems.

Then there are nightmares of loss of control, such as Federal Reserve’s and the Department of Homeland Security’s.

A Venture Capitalist dream of startup riches.

A dream of a system of philosophy with distributed democratic truth.

A monetary system that is truly international, or non-national.

The good things is that some dreams come true.  Happy Holidays!

Originally posted on The Internet Archive Blog by brewster.

Written by internetarchive

December 25, 2013 at 12:34 am

Posted in News

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