There is no avoiding the fact that blockchain technology is a radically new idea. For many in this field, this is both a blessing and a curse. On the one hand, it makes it fresh and explosively creative. On the other hand, cryptocurrencies existing primarily in the virtual space can seem like something straight out of science fiction. This is particularly true when trying to explain it to the non-initiated. The question “but what can you do with it?” is as frustrating as it is common.
The Power of Vision
Many early adopters of Bitcoin (Crypto: BTC) and other crypto currencies saw a void in the world before they were exposed to blockchain technology. These early enthusiasts were already disgruntled by the very practical problems caused by things like hyper-inflation, fractional reserve banking and centralized control of business and industry. For these intensely forward-thinking individuals, cryptocurrencies could fill…
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