Incredible. 

New products like Vessyl are showing us a bit more of what the “Internet of Things” and connected devices and wearables future could look like. Everything you eat, drink, see, hear, feel, touch, think…measured, tracked, processed,logged and then shared between your different devices and apps to ultimately yield meaningful insights back to you so you can be healthier, happier, more productive, more entertained, etc. 

It paves the way for video games, music streaming services, stores, virtual realities, social networks, food services, gyms, studios, that dynamically respond to your needs, your mood, biometric factors, what you did/didn’t do that day, who you did/didn’t interact with…

It’s why Apple was so smart to release HomeKit and HealthKit APIs with iOS 8. It allows them to keep the Home and Health apps in the lead within their ecosystem, which will in turn propel and inform their future hardware decisions, much like we’ve seen with the current iOS ecosystem. Wouldn’t be surprised if they start acquiring companies like Vessyl next..

That’s the most irritated I’ve seen Pau in a long long time," said Bryant. "I haven’t really seen him come in and have a tantrum in the locker room which is good, good, something that needs to be done. Can’t be something where losing becomes accepted or the whole ‘we gave it a good effort’ sort of thing. We don’t do that around here. That is not what it’s about. It is not about giving good effort. It is about winning a championship.

Kobe Bryant

I know. I am incredibly late on this train, but so blown away by all the advantages of a Bitcoin society, which I’m now just taking the time to sit down with.

Here are seven of the biggest reasons to care about Bitcoin, according to Marc Andreesen:

  1. Safe and Accepted Internet Currency
    Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. 

  2. No Processing Fees
    Bitcoin is the first Internetwide payment system where transactions either happen with no fees or very low fees (down to fractions of pennies). Existing payment systems charge fees of about 2 to 3 percent – and that’s in the developed world. In lots of other places, there either are no modern payment systems or the rates are significantly higher.

  3. More Secure than Credit Cards
    Since Bitcoin is a digital bearer instrument, the receiver of a payment does not get any information from the sender that can be used to steal money from the sender in the future, either by that merchant or by a criminal who steals that information from the merchant.

  4. Deters Laundering and Crime
     pseudonymous, not anonymous. Further, every transaction in the Bitcoin network is tracked and logged forever in the Bitcoin blockchain, or permanent record, available for all to see. As a result, Bitcoin is considerably easier for law enforcement to trace than cash, gold or diamonds.

  5. Micropayments
    Bitcoins have the nifty property of infinite divisibility: currently down to eight decimal places after the dot, but more in the future. So you can specify an arbitrarily small amount of money, like a thousandth of a penny, and send it to anyone in the world for free or near-free.

  6. More Global Economic Equality
    One immediately obvious and enormous area for Bitcoin-based innovation is international remittance. Every day, hundreds of millions of low-income people go to work in hard jobs in foreign countries to make money to send back to their families in their home countries – over $400 billion in total annually, according to the World Bank. Every day, banks and payment companies extract mind-boggling fees, up to 10 percent and sometimes even higher, to send this money. Bitcoin, as a global payment system anyone can use from anywhere at any time, can be a powerful catalyst to extend the benefits of the modern economic system to virtually everyone on the planet.

  7. Public Payments
    For the first time in history that you could see someone holding up a sign, in person or on TV or in a photo, and then send them money with two clicks on your smartphone: take the photo of the QR code on the sign, and click to send the money.

We are truly on the cusp of a huge revolution in the next 50 years.