Bitcoin is not just a fad but a New Invention speech by Bruce Fenton





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Published on Apr 28, 2014

Speech from Dubai April 2014.

We are on the verge of something amazing

But first let's talk about what was and what is:

Once, humans had no form of money.

Then some anonymous person, invented money - In the days of lords and serfs, the only way to transport wealth was in a guarded container.....then, one day, someone invented the check

In those days we had a system which made it impossible for one to escape the station or poverty levels they were born into -- the invention of the check allowed people who could not afford armed guards to store and transport wealth

After this came the advent of the printing press- which set off an information revolution which led to advances in science, philosophy, art and changed global governments

Years later was the PC boom :
Thousands of early adopters tinkered away in basements and garages --- spending hours to make simple programs with limited usability.

the simple logic of "IF THEN" was like magic or art ....and it changed our world

In these days a fax machine was a major purchase and luxury cars were priced in two categories: those with a mobile phone and those without

Then came the internet

Email addresses looked like a long string of odd, unrecognizable numbers...not unlike a Bitcoin address

then we had a major breakthrough: AOL on a dial up connection with a $4.95 per hour charge

AOL started out as a service for geeks and rebels send eventually became so mainstream that no self-respecting geek would be caught using it

When the web came we thought that maybe we'd have 100 or a few hundred sites --- some wondered if the bandwidth would ever be sufficient to put an entire encyclopedia online or if home connections would ever be fast enough for photos to be served on web pages

Please also follow me on Facebook at http://www.facebook.com/brucefentonpage


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