Video - Bitcoin Q and A Why Mainstream Adoption will be Neither Gradual Nor Radical

Decentralization as the final goal: will the transition be through radical change or a gradual transformation? Disruptive innovation never works in a gradual fashion, rather punctuated equilibrium. We see this in science, technology, politics, and society.

Systems build up energy until it reaches a tipping-point event. Mainstream adoption won't be done because of a whim but because of a desperate need to escape failing systems. We don't need the acceptance or permission of the old traditional systems; people will opt-in when they are ready because these technologies are useful. "Innovation from within" with large organizations doesn't happen; most get disrupted from the outside and few survive in their original form.


Written by Andreas M. Antonopoulos on June 27, 2016.