Dominic Frisby: Bitcoin Is One of the Most Important Developments Since the Internet

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Dominic Frisby discusses his new book, Bitcoin: The Future of Money? and the revolutionary technology that drives bitcoin, blockchain technology. This technology can be used for communicating in a purely peer-to-peer decentralized manner for just about anything on the web: email, banking, file-sharing, or, of course, payment systems. According to Dominic, the process of mining bitcoins, which are valued by the network of people using it, is really just the incentive offered to those contributing to the upkeep of a vast decentralized network called the blockchain upon which many other things can and are currently being built. He describes how this all works and says blockchain tech will likely be the next mania in the years ahead.

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About Cris Sheridan