Bitcoin is a software-based payment system that uses the Internet to verify transactions, displacing the need for third parties. The breakthrough technology behind bitcoin, the blockchain, provides trust through math based verification rather than trust through reputation.
According to Marc Andreesen, the Digital Currency ecosystem is analogous to the Internet circa 1994. An early stage… · More opportunity exists to invest in companies that are building infrastructure and consumer focused tools that make digital currencies useful for the average person, including the billions of people who are currently unbanked.
* Infrastructure tools and platforms
* Consumer tools that make digital currencies more useful
* Other uses of the blockchain (smart contracts, identify management, decentralized platforms, etc.)