This is an opinion editorial by Frank Nuessle, previously a T.V. executive, university professor and publishing entrepreneur.
As the Canadian entrepreneur Jeff Booth has opined – Bitcoin is the “bridge to the other side.”
In this article I argue that to cross that bridge, the American Bitcoin Economy would best be structured as a network of interconnected city-centered economies, all using Bitcoin and all competing with each other.
The complexity of designing such a decentralized, highly networked money system to operate alongside the current highly centralized fiat money system is mind-boggling, almost overwhelming. Thinking about it makes my head hurt. It is like trying to change all four tires on a Land Rover racing along at 80 miles an hour. Yet that is the task at hand.
As a guy from the…
Read Full Story: https://bitcoinmagazine.com/culture/five-reasons-cities-will-be-engine-of-bitcoin
