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We have highlighted in the past the importance of how Bitcoin is governed and how Bitcoin’s transaction processing power should be scaled from its current levels to Visa/PayPal levels over the next 5-10 years.
Fred Wilson (Union Square) highlights two recent blog posts on these matters from Brian Armstrong (CEO of Coinbase). Both are extremely good reads as they will be important in 2016.
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There are many reasons why Bitcoin is so interesting but for me the core reason is the decentralized nature of the technology and how it is designed to operate and evolve. Bitcoin is political in the sense that it has a belief system and that is that no one person or entity should control it.
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