The Far Reaching Implications of the Bitcoin Protocol

Bitcoin is more than just a cryptocurrency, or money for the internet, it is a set of programming protocols that can be applied to any information system. Bitcoin has become something of a fad in the west, used by the technologically savvy as a means of displaying wealth in our increasingly virtual world. In contrast, to those in developing nations, Bitcoin provides an opportunity to participate in a global financial system that was previously inaccessible.