Dec 1, 2015
Posted by Travis Patron in categories: bitcoin, business, computing, economics, information science, internet, robotics/AI
21 Inc.’s launch of their bitcoin computer has been met with tantalizing anticipation. Promoted as a developer tool for building bitcoin payable apps & services, 21’s new toy has been called a “gamechanger” by many of the industry’s developer crowd.
Although the bitcoin computer has been met with a flood of eager developers, what is less understood, is the implications of embeddable, autonomous cybercash payment devices. At first glance, the introduction of bitcoin computers may seem to be a niche application for hardcore developers looking to implement pay-for-access web proxies. However, this type of device not only aims to capitalize on a new form of money characterized by its digital, algorithmic nature, but seeks to utilize the bitcoin protocol for its truly revolutionary implication – an always connected economic endpoint.
This new protocol, one which is being viewed as the latest layer of internet technology conceived, compels us to remain connected at all times if we are to compete in this new economic matrix. For the individuals and businesses jockeying for position, being disconnected, even momentarily, is a death sentence.