For the next addition of Altered Boy Podcast, Tim articulates the new paradigm in sociocultural finance through emerging crypto-currencies like Bitcoin. With Bitcoin as the conversation’s jumping-off point, the technological advances of crypto-currencies are discussed throughout the full spectrum of modern finance; and in this conversation, Tim breaks down the history of Bitcoin, some of the analytic aspects of the block-chain programming, what this could hold for the future, and how this works into the world’s current financial paradigm of precious metals and fiat currencies, et cetera.
Far from being the only aspect of this paradigm, Bitcoin represents the inception of an entirely new and workable mode of global finance the likes of which have never before been seen. Will Bitcoin be the anarchistic revolution of modern finance and the upheaval of the centralized banking system? Or, instead, will it signify a launching pad for a variety of crypto-currencies already in the works?
Regardless of what Bitcoin will ultimately become, it represents the tool of decentralization for the common man that was never possible before computer sciences and internet advancements. Those who are not versed in crypto-currencies like Bitcoin will slowly see themselves fall further and further off the cutting edge of today’s financial revolutions.