What #bitcoin and #snapchat Reveal About The #future of #tech
▻https://hackernoon.com/what-bitcoin-and-snapchat-reveal-about-the-future-of-tech-f6b62b35c8ce?s
Bitcoin and Snapchat are two massively popular products. While they’re both very different, at the core of their successes is the same counter-intuitive principle. Understanding it helps us see what the next billion dollar idea might be.BitcoinOne of the most important features of computers is that they can effortlessly duplicate information.It’s hard to appreciate how convenient this is. Before computers, if I sent you a hand-written letter, the letter was gone. There could only be one version of that letter in the world. Today, I can send the same email to a near-infinite amount of people.A big part of the 90s and the 2000s was about getting used to this new world where information, music, movies, etc, could be infinitely duplicated and shared. Today we’re used to it. We take it for (...)