Founding President of the Bitcoin Association: Bitcoin is designed to advance honesty, openness, efficiency, and the ability to easily become a better Internet.
Speaking at the CoinGeek conference today, Jimmy Nguyen, founding President of the Bitcoin Association, said Nakamoto described Bitcoin as a "distributed timestamp server" -- a sort of chronological, verifiable, open and transparent event history. "This brings limitless commercial power." Bitcoin offers scalable solutions for healthcare, clinical research, esports and games, supply chains, casinos, social media, financial services, and even regulatory technology. It breaks down the silos of data that prevent reliable information from being Shared across platforms, leaving everything on the underlying ledger and accessible in real time. He reiterated that Bitcoin was meant to promote honesty, openness and efficiency, and could easily become a better Internet.
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